The probability of the Fed cutting interest rates by 25BP in November is 98.9%
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According to the CME "Fed Watch": the probability of the Fed cutting by 25 basis points in November is 98.9%, and the probability of keeping the current rate unchanged is 1.1%. The probability of keeping the current rate unchanged in December is 0.2%, the probability of a cumulative 25 basis point cut is 17.1%, and the probability of a cumulative 50 basis point cut is 82.7%.
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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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