Before the CPI data is released, the probability of the Federal Reserve cutting interest rates by 50 basis points in September is reported to be 33%
The U.S. August CPI inflation report will be released at half past eight tonight Singapore time. Prior to this, according to CME Federal Reserve Watch, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67%, and the probability of a 50 basis point cut is 33%.
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