The probability that the Fed will cut rates by 25BP in November is 95.6%, and the probability of not cutting rates is 4.4%

Bitget2024/10/13 22:12

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According to CME “Fed Watch”: the probability that the Fed will cut 25 basis points by November is 95.6%, and the probability of keeping the current rate unchanged is 4.4%. The probability of a cumulative rate cut of 25 basis points by December is 15.4%, the probability of a cumulative rate cut of 50 basis points is 84.1%, the probability of a cumulative rate cut of 75 basis points is 0%; the probability of a cumulative rate cut of 100 basis points is 0%.

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