Home > Quick > Body

The probability that the Federal Reserve will cut interest rates by 25BP in November is 93%.

clock
2024-10-23 22:14:09
According to the CME "Fed Watch", the probability of the Fed cutting 25 basis points in November is 93%, the probability of keeping current interest rates unchanged is 7%, and the probability of cutting interest rates by 50 basis points is 0%. The probability of keeping current interest rates unchanged in December is 2.1%, and the probability of reducing interest rates by 25 basis points in total is 32.6%. The probability of reducing interest rates by 50 basis points in total is 65.4%, and the probability of reducing interest rates by 75 basis points in total is 0%.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.