Before the non-farm payroll report, the probability of the Federal Reserve cutting interest rates by 25 basis points in November is 93.1%

2024-11-01 20:27:10

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ChainCatcher news, according to Jinshi reports, according to CME's "Fed Watch," the probability of the Federal Reserve lowering rates by 25 basis points by November is 93.1%, while the probability of maintaining the current rate is 6.9%. The probability of maintaining the current rate by December is 5.2%, and the cumulative probability of a 25 basis point rate cut is 94.8%.

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