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The probability of the Fed cutting rates by 25 BP in November is 97.7 percent

The probability of the Fed cutting rates by 25 BP in November is 97.7 percent

Bitget2024/10/27 22:26

According to the CME “Fed Watch”: the probability that the Fed will cut 25 basis points by November is 97.7%, the probability of keeping the current rate unchanged is 2.3%. The probability of keeping the current rate unchanged by December is 0.6%, the probability of a cumulative 25 basis point cut is 27.7%, and the probability of a cumulative 50 basis point cut is 71.7%.

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