The probability of the Federal Reserve cutting interest rates by 25BP in November is 67.9%.

According to CME's "Fed Watch", the probability of the Fed cutting interest rates by 25 basis points by November is 67.9%, and the probability of cutting interest rates by 50 basis points is 32.1%. The probability of a cumulative rate cut of 50 basis points by December is 46.1%, and the probability of a cumulative rate cut of 75 basis points is 43.6%; the probability of a cumulative rate cut of 100 basis points is 10.3%.