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The probability of a Fed rate cut in September is as high as 96.6%, with only a 3.4% chance of keeping rates unchanged.
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ChainCatcher news, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 3.4%, while the probability of a 25 basis point rate cut is 96.6%. In addition, the probability of keeping rates unchanged in October is 1.6%, the probability of a cumulative 25 basis point rate cut is 46.8%, and the probability of a cumulative 50 basis point rate cut is 51.6%.
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