The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 46%
I'm PortAI, I can summarize articles.
According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in September is 46%, and the probability of a 50 basis point cut is 54%. The probability of the Fed cutting rates by a total of 50 basis points by November is 29.6%, by 75 basis points is 51.2%, and by 100 basis points is 19.2%
According to CME's "FedWatch Tool" on August 14th, the probability of the Fed cutting interest rates by 25 basis points in September is 46%, while the probability of a 50 basis points cut is 54%. The probability of a cumulative 50 basis points cut by November is 29.6%, a cumulative 75 basis points cut is 51.2%, and a cumulative 100 basis points cut is 19.2%