CME's "Fed Watch": the probability of the Fed lowering 25 basis points in November is 96.2%, and the probability of maintaining the current interest rate is 3.8% (before the data was released, they were 99% and 1%, respectively). The probability of maintaining the current interest rate in December is 1.1%, the probability of a cumulative 25 basis point rate cut is 29.4%, and the probability of a cumulative 50 basis point rate cut is 69.6% (before the data was released, they were 0.5%, 22.9%, and 76.6%, respectively).

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