99.4% probability of a 25BP Fed rate cut in November
According to CME ‘Fed Watch’, the probability of the Fed cutting 25 bps by November is 99.4%, and the probability of a 25 bps rate cut is 0.6%. The probability of a cumulative rate cut of 25 basis points by December is 32.0%, the probability of a cumulative rate cut of 50 basis points is 67.6%, and the probability of a cumulative rate cut of 75 basis points is 0.4%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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