The probability of the Federal Reserve cutting interest rates by 25BP in November is 96.3%.
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According to the CME "FED Watch", the probability of the FED cutting rates by 25 basis points in November is 96.3%, and the probability of maintaining the current interest rate is 3.7%. The probability of maintaining the current interest rate in December is 1%, the probability of a cumulative 25 basis point rate cut is 28.5%, and the probability of a cumulative 50 basis point rate cut is 70.5%.
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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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