BlockBeats News, November 3rd, according to CME’s “FedWatch”: The probability of a 25 basis point rate cut by the Fed in December is 69.8%, and the probability of rates staying unchanged is 30.2%.
The probability of a cumulative 25 basis point rate cut by the Fed by January next year is 56.6%, the probability of rates staying unchanged is 20.2%, and the probability of a cumulative 50 basis point rate cut is 23.2%.
