The probability of the Federal Reserve cutting interest rates by 25 basis points in November is 40.8%
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According to CME's "Fed Watch": The probability of the Fed cutting 25 basis points by November is 40.8%, and the probability of a 50 basis point cut is 59.2%. The probability of a cumulative 50 basis point cut by December is 19.5%, while the probability of a cumulative 75 basis point cut is 49.6%; the probability of a cumulative 100 basis point cut is 30.9%
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