Before the nonfarm payrolls announcement, the probability of the Fed cutting rates by 25 BP in November was 93.1%
According to the CME “Fed Watch”: the probability that the Fed will cut 25 basis points in November is 93.1%, the probability of maintaining the current rate unchanged is 6.9%. The probability of keeping current rates unchanged by December is 5.2%, and the probability of a cumulative 25 basis point cut is 94.8%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
Trending news
MoreCrypto prices
More
