The probability that the Federal Reserve will cut interest rates by 25BP in November is 98%.
2024-11-04 22:47:12
According to the CME "Fed Watch", the probability of the Fed cutting 25 basis points in November is 98%, and the probability of keeping current interest rates unchanged is 2%. The probability of keeping current interest rates unchanged in December is 0.3%, the probability of a cumulative 25 basis point cut is 17.9%, and the probability of a cumulative 50 basis point cut is 81.7%.
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