The probability of the Fed cutting interest rates by 25BP in November is 62.5%.
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According to CME's "Fed Odaily", the probability of the Fed cutting interest rates by 25 basis points by November is 62.5%, and the probability of cutting interest rates by 50 basis points is 37.5%. The probability of a cumulative rate cut of 50 basis points by December is 44.5%, the probability of a cumulative rate cut of 75 basis points is 44.7%, and the probability of a cumulative rate cut of 100 basis points is 10.8%.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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