Probability of a Fed rate cut in September reaches 84.1%, with a 15.9% chance of rates remaining unchanged
According to ChainCatcher, citing Jinshi News, CME "FedWatch" shows that there is a 15.9% probability that the Federal Reserve will keep interest rates unchanged in September, and an 84.1% probability of a 25 basis point rate cut. In addition, for October, the probability of keeping rates unchanged is 7.6%, the probability of a cumulative 25 basis point rate cut is 48.4%, and the probability of a cumulative 50 basis point rate cut is 44.1%.
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