Before the release of the non-farm payrolls, the probability of the Federal Reserve cutting interest rates by 25BP in November is 93.1%

Odaily News According to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points by November is 93.1%, and the probability of maintaining the current interest rate is 6.9%. The probability of maintaining the current interest rate by December is 5.2%, and the probability of a cumulative interest rate cut of 25 basis points is 94.8%. (Jinshi Data APP)