BlockBeats News, October 30th, according to CME’s “FedWatch”: The probability of a 25 basis point rate cut by the Fed in October is 97.8%, and the probability of rates remaining unchanged is 2.2%.
The probability of the Fed keeping rates unchanged until December is 0.3%, the probability of a cumulative 25 basis point rate cut is 14.3%, and the probability of a cumulative 50 basis point rate cut is 85.4%.
The probability of the Fed keeping rates unchanged until January next year is 0.1%, the probability of a cumulative 25 basis point rate cut is 7.5%, the probability of a cumulative 50 basis point rate cut is 50.8%, and the probability of a cumulative 75 basis point rate cut is 41.6%.
