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.
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
Terminal Finance: Project shuts down due to delays in the Converge chain, protocol codebase to be open-sourced later
Cathie Wood remains optimistic about bitcoin's $1.5 million price target
