Before the release of non-agricultural data, the probability of the Federal Reserve cutting interest rates by 25BP in November is 93.1%

BlockBeats news, on November 1, according to CME "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points by November is 93.1%, and the probability of maintaining the current interest rate is 6.9%. The probability of maintaining the current interest rate by December is 5.2%, and the probability of a cumulative interest rate cut of 25 basis points is 94.8%.