The probability of a 25BP rate cut by the Fed in November is 96.3%

Jinshi Data News on October 25th: According to CME's 'Fed Watch': The probability that the Fed will lower 25 basis points in November is 96.3%, and the probability of maintaining the current Intrerest Rate is 3.7%. The probability of maintaining the current Intrerest Rate in December is 1%, the probability of cumulative interest rate reduction of 25 basis points is 28.5%, and the probability of cumulative interest rate reduction of 50 basis points is 70.5%.