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The probability of the Fed cutting interest rates by 25 BP in November is 70.4%, while the probability of not cutting interest rates has risen to 29.6%.
Jinshi Data October 10 report, according to CME's 'Fed Watch': The probability of the Fed lowering 25 basis points by November is 70.4%, and the probability of keeping the current interest rate unchanged is 29.6%. The probability of cumulative interest rate cuts of 50 basis points by December is 65.3%, the probability of cumulative interest rate cuts of 75 basis points is 8.7%; the probability of cumulative interest rate cuts of 100 basis points is 0%.