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TechFlow news, November 1: According to CME's "Fed Watch," the probability of the Federal Reserve cutting rates by 25 basis points at the November meeting is 93.1%, while the probability of holding rates steady is 6.9%. By December, the probability of maintaining current rates unchanged is 5.2%, and the probability of cumulative rate cuts totaling 25 basis points is 94.8%.
According to CME's FedWatch, the probability of a 25-basis-point rate cut by the Federal Reserve in November is 93.1%, while the probability of holding rates steady is 6.9%. By December, the probability of maintaining current rates is 5.2%, and the probability of a cumulative 25-basis-point rate cut is 94.8%.
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