The probability of the Federal Reserve cutting interest rates by 25 basis points in November is 98.9%. According to CME's "Fed Watch": the probability of the Federal Reserve cutting by 25 basis points by November is 98.%, the probability of maintaining the current interest rate is 1.1%. The probability of maintaining the current interest rate unchanged by December is 0.2%, the cumulative probability of a 25 basis point cut is 17.1%, and the cumulative probability of a 50 basis point cut is 82.7%. The probability of a rate cut is continuing to rise, and it seems to be a done deal.