The probability of the Federal Reserve cutting interest rates by 25 basis points in November is 43.9%
According to CME's "Fed Watch": The probability of the Fed cutting 25 basis points by November is 43.9%, and the probability of a 50 basis points cut is 56.1%. The probability of a cumulative 50 basis points cut by December is 15.6%, while the probability of a cumulative 75 basis points cut is 48.3%; the probability of a cumulative 100 basis points cut is 36.1%
According to CME's "FedWatch" tool on September 25th, the probability of the Fed cutting rates by 25 basis points in November is 43.9%, while the probability of a 50 basis points rate cut is 56.1%. The cumulative probability of a 50 basis points rate cut by December is 15.6%, and the probability of a 75 basis points rate cut is 48.3%; the probability of a cumulative 100 basis points rate cut is 36.1%