There is a 95.6% probability of the Federal Reserve cutting interest rates by 25 basis points in November, with a 4.4% probability of no rate cut
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According to CME's "FedWatch Tool": The probability of the Fed cutting 25 basis points by November is 95.6%, while the probability of maintaining the current interest rate is 4.4%. The cumulative probability of a 25 basis points cut by December is 15.4%, a 50 basis points cut is 84.1%, a 75 basis points cut is 0%, and a 100 basis points cut is 0%
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