After the PCE announcement, the probability of the Fed cutting rates by 25 BP in November remained unchanged at 96.1%
Bitget2024/10/31 12:57
October 31, according to the CME “Fed Watch”: the probability that the Fed will cut 25 basis points in November is 96.1%, the probability of maintaining the current rate unchanged is 3.9%. The probability of keeping current rates unchanged by December is 1.1%, the probability of a cumulative 25 basis point cut is 29.2%, and the probability of a cumulative 50 basis point cut is 69.7%. (Unchanged from prior to the release of PCE data)
0
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$106,106.12
-4.29%

Ethereum
ETH
$3,788.21
-5.45%

Tether USDt
USDT
$0.9999
-0.04%

BNB
BNB
$1,075.07
-8.93%

XRP
XRP
$2.25
-6.57%

Solana
SOL
$178.59
-7.35%

USDC
USDC
$0.9998
-0.01%

TRON
TRX
$0.3102
-3.60%

Dogecoin
DOGE
$0.1807
-8.31%

Cardano
ADA
$0.6149
-8.13%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now