CME Federal Reserve Watch: The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 22%
According to CME's "Fed Watch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 78%, and the probability of a 50 basis point cut is 22%. The likelihood of the Fed making a cumulative rate cut of 25 basis points by November is 3.7%, while there's a 75.3% chance for a cumulative cut of 50 basis points, and a 21% chance for a total reduction of 75 basis points.
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.
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