The probability of the Federal Reserve cutting interest rates by 25BP in November is 94.1%.

According to CME's "Fed Watch", the probability of the Fed cutting 25 basis points by November is 94.1%, and the probability of keeping current interest rates unchanged is 5.9%. The probability of a cumulative 25 basis point cut by December is 13.4%, and the probability of a cumulative 50 basis point cut is 86.1%.