There is an 83% probability of the Federal Reserve cutting interest rates by 50 basis points in September
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According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in September is 17%, while the probability of a 50 basis points cut is 83%. The probability of the Fed cutting a total of 75 basis points by November is 7.4%, 100 basis points is 45.8%, and 125 basis points is 46.8%
According to CME's "FedWatch" tool on August 6th, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 17%, while the probability of a 50 basis points cut is 83%. The probability of the Fed cutting rates by a total of 75 basis points by November is 7.4%, by 100 basis points is 45.8%, and by 125 basis points is 46.8%