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The probability of the Fed cutting interest rates by 25 basis points in November is 46.4%.
According to CME's FedWatch tool, the probability of the Fed cutting 25 basis points in November is 46.4%, and the probability of a 50 basis point cut is 53.6%.
The probability of a cumulative interest rate cut of 50 basis points by December is 23.8%, the probability of a cumulative interest rate cut of 75 basis points is 50.1%; the probability of a cumulative interest rate cut of 100 basis points is 26.1%.