Before the release of the US CPI: The probability of the Federal Reserve cutting interest rates by 25 basis points in November is 76.1%, and the probability of no rate cut is 23.9%
ChainCatcher news, according to CME's "Fed Watch": The probability of the Federal Reserve lowering rates by 25 basis points by November is 76.1%, while the probability of maintaining the current rate is 23.9%. The probability of a cumulative rate cut of 50 basis points by December is 75.1%, 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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