The probability of a 25BP rate cut by the Federal Reserve in November is 63.3%.

According to CME's 'Fed Watch': The probability of the Fed lowering 25 basis points in November is 63.3%, and the probability of lowering 50 basis points is 36.7%. The probability of cumulative rate cuts of 50 basis points by December is 32.6%, and the probability of cumulative rate cuts of 75 basis points is 49.6%; the probability of cumulative rate cuts of 100 basis points is 17.8%.