The probability of the Federal Reserve cutting interest rates by 25BP in November is 96.3%.

According to the CME "Fed Watch", the probability of the Fed cutting 25 basis points in November is 96.3%, and the probability of keeping current interest rates unchanged is 3.7%. The probability of keeping current interest rates unchanged in December is 1%, the probability of a cumulative rate cut of 25 basis points is 28.5%, and the probability of a cumulative rate cut of 50 basis points is 70.5%.