November CME Fed Watch: 97.4% chance of 25 basis points

BlockBeats news has reported on October 6th that according to CME’s “Fed Watch” data, there is a 97.4% chance of the Federal Reserve cutting interest rates by 25 basis points in November. The probability of the interest rates remaining unchanged at 4.75%-5.00% is only 2.6%. You can find more information from the source here.

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