The probability of a 50 basis point rate cut in September fell to 37 per cent after the release of US August ADP employment data

Bitget2024/09/05 15:23

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

According to CME FedWatch data, after today's release of US August ADP employment data, the probability of a 50 basis point cut by the Federal Reserve in September fell from 45% to 37%, and the probability of a 25 basis point cut was 63%.

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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The probability of a 50 basis point rate cut in September fell to 37 per cent after the release of US August ADP employment data

You may also like

Crypto prices