CME Fed Watch: The probability of the Fed cutting interest rates by 25 basis points in November is 62.9%

According to BlockBeats, on October 1, according to CME's "Fed Watch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in November is 62.9%, and the probability of cutting interest rates by 50 basis points is 37.1%.

The probability of a cumulative interest rate cut of 50 basis points by December is 36.7%, the probability of a cumulative interest rate cut of 75 basis points is 47.9%; the probability of a cumulative interest rate cut of 100 basis points is 15.5%.