Fed Rate Cut Probability at 62.2% for November
Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
According to the CME FedWatch Tool, the probability of the Federal Reserve cutting rates by 25 basis points in November is 62.2%, while the probability of a 50 basis point cut is 37.8%.
For December, the probability of a cumulative 50 basis point rate cut is 36.6%, a cumulative 75 basis point cut is 47.8%, and a cumulative 100 basis point cut is 15.6%.
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