The probability of a Fed rate cut in September is 84.1%
According to CME "FedWatch" as reported by Jinse Finance: there is a 15.9% probability that the Federal Reserve will keep rates unchanged in September, and an 84.1% probability of a 25 basis point rate cut. For October, there is a 7.6% probability that rates will remain unchanged, a 48.4% probability of a cumulative 25 basis point rate cut, and a 44.1% probability of a cumulative 50 basis point rate cut. (Jin10)
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
Georgia signs memorandum of understanding with Hedera to explore on-chain real estate registration and tokenization
Parataxis Holdings plans to acquire Sinsiway for $27 million and transform it into an ETH asset management company.
Data: Suspected Mantle core contributor address transfers $4.5 million worth of MNT tokens to Mirana Ventures
Circle's native USDC and Cross-Chain Transfer Protocol officially launch on Starknet
Trending news
MoreCrypto prices
More
