PANews reported on November 7 that according to CME's "Fed Watch": the probability of the Fed cutting interest rates by 25 basis points by November is 99.4%, and the probability of a 25 basis point cut is 0.6%. The probability of a cumulative 25 basis point cut by December is 32.0%, the probability of a cumulative 50 basis point cut is 67.6%, and the probability of a cumulative 75 basis point cut is 0.4%.