The probability of the Federal Reserve cutting interest rates by 25 basis points in November is 97.7%.

BlockBeats news, on October 28, according to CME "Fed Watch": The probability of the Fed cutting 25 basis points by November is 97.7%, and the probability of maintaining the current interest rate is 2.3%.

The probability of maintaining the current interest rate unchanged by December is 0.6%, the probability of a cumulative 25 basis point rate cut is 27.7%, and the probability of a cumulative 50 basis point rate cut is 71.7%.