The probability of the Fed cutting rates by 25 BP in November is 87.7%, and the probability of not cutting rates is 12.3%.

October 15, according to the CME “Fed Watch”, the probability that the Fed will cut 25 basis points by November is 87.7%, the probability of keeping the current rate unchanged is 12.3%. The probability of a cumulative rate cut of 25 basis points by December is 19.7%, the probability of a cumulative rate cut of 50 basis points is 79.1%, and the probability of a cumulative rate cut of 75 basis points is 0%.