The probability of the Federal Reserve cutting interest rates by 25BP in November is 86.2%.

According to CME's "Fed Watch", the probability of the Fed cutting 25 basis points by November is 86.2%, and the probability of keeping current interest rates unchanged is 13.8%. The probability of a cumulative 25 basis point cut by December is 24.4%, and the probability of a cumulative 50 basis point cut is 73.6%.