CME "Fed Watch": The probability of the Federal Reserve lowering by 25 basis points by November is 99.4%

ChainCatcher news, according to CME "Fed Watch": The probability of the Federal Reserve lowering by 25 basis points by November is 99.4%, and the probability of a 25 basis point rate cut is 0.6%. The probability of a cumulative rate cut of 25 basis points by December is 32.0%, the probability of a cumulative rate cut of 50 basis points is 67.6%, and the probability of a cumulative rate cut of 75 basis points is 0.4%.