[Rate Cut Confirmed Before FOMC Statement, 85.4% Probability of Another Rate Cut in December] BlockBeats news, October 30, according to CME 'FedWatch': The probability of the Federal Reserve cutting rates by 25 basis points in October is 97.8%, while the probability of maintaining rates unchanged is 2.2%. The probability of the Federal Reserve maintaining rates unchanged until December is 0.3%, the probability of a cumulative rate cut of 25 basis points is 14.3%, and the probability of a cumulative rate cut of 50 basis points is 85.4%. The probability of the Federal Reserve maintaining rates unchanged until January next year is 0.1%, the probability of a cumulative rate cut of 25 basis points is 7.5%, the probability of a cumulative rate cut of 50 basis points is 50.8%, and the probability of a cumulative rate cut of 75 basis points is 41.6%.