Rate cut is certain before the FOMC statement, with an 85.4% probability of another rate cut in December.

BlockBeats News, October 30, according to CME "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 97.8%, while the probability of keeping rates unchanged is 2.2%.

The probability that the Federal Reserve will keep rates unchanged until December is 0.3%, the probability of a cumulative 25 basis point rate cut is 14.3%, and the probability of a cumulative 50 basis point rate cut is 85.4%.

The probability that the Federal Reserve will keep rates unchanged until January next year is 0.1%, the probability of a cumulative 25 basis point rate cut is 7.5%, the probability of a cumulative 50 basis point rate cut is 50.8%, and the probability of a cumulative 75 basis point rate cut is 41.6%.