Fed News !!!!

👉 98.9% probability of a 25BP rate cut by the Fed in

November

👉 According to CME's "Fed Watch": the probability that the Fed will cut 25 basis points in November is 98.9%, and the probability of keeping the current interest rate is 1.1%. The probability of maintaining the current interest rate until December is 0.2%, the probability of a cumulative cut of 25 basis points is 17.1%, and the probability of a cumulative cut of 50 basis points is 82.7%.

Been too busy to post this until now, I guess everyone already knows ??