After the ADP release, the probability of a Fed rate cut in October rises to 99%
Jinse Finance reported that CME "FedWatch" data shows: the probability of the Federal Reserve cutting interest rates by 25 basis points in October has risen to 99%. The probability of a cumulative 25 basis point rate cut by the Federal Reserve in December is 9.8%, the probability of a cumulative 50 basis point rate cut is 89.3%, and the probability of a cumulative 75 basis point rate cut is 0.9%.
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.
You may also like
CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month
Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
Trending news
MoreCrypto prices
More
