The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 71.5%
I'm PortAI, I can summarize articles.
According to CME's "FedWatch Tool": The probability of the Fed cutting interest rates by 25 basis points in September is 28.5%, and the probability of a 50 basis points cut is 71.5%. The probability of the Fed cutting a total of 50 basis points by November is 19.3%, cutting a total of 75 basis points is 57.6%, and cutting a total of 100 basis points is 23.2%
According to CME's "Fed Watch" data on August 7th, the probability of the Fed cutting interest rates by 25 basis points in September is 28.5%, while the probability of a 50 basis points cut is 71.5%. The probability of the Fed cutting a total of 50 basis points by November is 19.3%, cutting a total of 75 basis points is 57.6%, and cutting a total of 100 basis points is 23.2%