The probability of the Federal Reserve cutting interest rates by 25BP in November is 97.5%.

According to the CME "Fed Watch", the probability of the Fed cutting by 25 basis points in November is 97.5%, and the probability of keeping current interest rates unchanged is 2.5%. The probability of keeping current interest rates unchanged in December is 0.5%, the probability of a cumulative 25 basis point cut is 21.6%, and the probability of a cumulative 50 basis point cut is 77.9%.