CME’s “Fed Watch” data reveals intriguing insights about the Federal Reserve’s potential actions in November. As of September 24, there’s a 51.5% probability of the Fed cutting interest rates by 50 basis points. Meanwhile, the likelihood of a 25 basis point cut stands at 48.5%.

With these probabilities so closely aligned, market participants are keenly watching for any indications from the Fed. The coming weeks will be critical as investors gauge the economic landscape and the central bank’s next moves. Stay tuned for updates as this story develops!

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