The probability of the Fed cutting rates by 25 BP in November is 62.8%
According to CME “Fed Watch”: the probability that the Fed will cut 25 basis points in November is 62.8%, and the probability of a 50 basis point cut is 37.2%. The probability of a cumulative rate cut of 50 basis points by December is 36.8%, the probability of a cumulative rate cut of 75 basis points is 47.8%; the probability of a cumulative rate cut of 100 basis points is 15.7%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Citibank says US midterm elections have limited overall impact on the S&P 500 Index
Meta is expected to launch two camera-free smart glasses to address privacy concerns
Wells Fargo lowers Micron Technology's target price to $1,400.
