PANews reported on November 1 that 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%.
Before the release of non-agricultural data, the probability of the Federal Reserve cutting interest rates by 25BP in November is 93.1%
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