The Federal Reserve is expected to lower interest rates by 25 basis points in October, with a cumulative probability of lowering rates by 50 basis points in December at 91.6%
According to Deep Tide TechFlow's report on October 29, Jinshi Data pointed out that the CME 'Fed Watch' data shows that the probability of the Federal Reserve lowering interest rates by 25 basis points in October is 99.5%, while the probability of keeping the interest rate unchanged is 0.5%.
The probability of the Federal Reserve cumulatively lowering interest rates by 50 basis points in December is 91.6%.
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