According to CME's "Fed Watch", the probability of the Federal Reserve lowering rates by 25 basis points by November is 96.3%, while the probability of maintaining the current rate is 3.7%. The probability of maintaining the current rate unchanged by December is 1%, the cumulative probability of a 25 basis point rate cut is 28.5%, and the cumulative probability of a 50 basis point rate cut is 70.5%.

Rest assured, whoever takes office will lower rates!