Jinshi Data October 30th: According to CME's 'Fed Watch', the probability of the Fed lowering 25 basis points in November is 99%, and the probability of maintaining the current interest rate is 1%. The probability of maintaining the current interest rate in December is 0.5%, the probability of cumulative interest rate cuts of 25 basis points is 22.9%, and the probability of cumulative interest rate cuts of 50 basis points is 76.6%.
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"Before the 'NFP' announcement, the probability of the Federal Reserve cutting interest rates by 25BP in November is 98.8%."
Jinshi Data October 30th: According to CME's 'Fed Watch', the probability of the Fed lowering 25 basis points in November is 99%, and the probability of maintaining the current interest rate is 1%. The probability of maintaining the current interest rate in December is 0.5%, the probability of cumulative interest rate cuts of 25 basis points is 22.9%, and the probability of cumulative interest rate cuts of 50 basis points is 76.6%.