Before the release of non-agricultural data, the probability of the Federal Reserve cutting interest rates by 25BP in November is 93.1%
News on November 1st, CME "Fed Watch": The probability of the Fed lowering 25 basis points in November is 93.1%, and the probability of maintaining the current interest rate is 6.9%. The probability of maintaining the current interest rate in December is 5.2%, and the cumulative probability of a 25 basis point rate cut is 94.8%.
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