The probability of the Federal Reserve cutting interest rates by 25 basis points in November is 43.9%
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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%
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