The probability of a 25BP rate cut by the Fed in November is 60.9%

Jinshi data on September 20th, according to CME's "Federal Reserve Watch": The probability of the Fed reducing 25 basis points by November is 60.9%, and the probability of reducing 50 basis points is 39.1%. The probability of cumulative 50 basis points rate cut by December is 29.0%, and the probability of cumulative 75 basis points rate cut is 50.5%; the probability of cumulative 100 basis points rate cut is 20.5%.