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CME "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points by November is 99.8%

CME "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points by November is 99.8%

CointimeCointime2024/11/04 08:33
By:Cointime

the November interest rate decision of the Federal Reserve will be announced at 3:00 am this Friday, with about 3 days and 10 hours remaining until the next FOMC meeting. According to "Fed Watch" by CME, the probability of the Fed lowering the interest rate by 25 basis points in November is 99.8%, while the probability of maintaining the current interest rate is 0.2%.

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