Probability of a Fed rate cut in September reaches 86.1%, with a 13.9% chance of rates remaining unchanged
According to ChainCatcher, citing Jinshi News, CME "FedWatch" shows there is a 13.9% probability that the Federal Reserve will keep interest rates unchanged in September, and an 86.1% probability of a 25 basis point rate cut. In addition, for October, there is a 6.5% probability of rates remaining unchanged, a 47.5% probability of a cumulative 25 basis point rate cut, and a 46% probability of a cumulative 50 basis point rate cut.
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