Federal Reserve Rate Cut Probabilities for November and December

According to BlockBeats, on September 27, CME's 'FedWatch' tool indicates a 50.1% probability that the Federal Reserve will cut rates by 25 basis points in November, and a 49.9% chance of a 50 basis point cut. By December, the cumulative probability of a 50 basis point rate cut stands at 26.0%, while the likelihood of a 75 basis point cut is 50.0%. Additionally, there is a 24.0% chance of a cumulative 100 basis point rate cut by the end of the year.