95.5% probability that the Fed will cut rates by 25BP in November
According to CME ‘Fed Watch’, the probability that the Fed will cut 25 basis points by November is 95.5%, and the probability of keeping the current rate unchanged is 4.5%. The probability of keeping current rates unchanged by December is 1.2%, the probability of a cumulative 25 basis point cut is 28.3%, and the probability of a cumulative 50 basis point cut is 70.5%.
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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