There is a 72.5% probability of the Federal Reserve cutting interest rates by 25 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 72.5%, while the probability of a 50 basis point cut is 27.5%. Additionally, the probabilities of a 50 basis point cut in November are 56.3%, a 75 basis point cut is 37.6%, and a 100 basis point cut is 6.2%
According to CME's "Fed Watch" tool, the probability of the Fed cutting interest rates by 25 basis points in September is 72.5%, while the probability of a 50 basis points cut is 27.5%. The probability of the Fed cutting a total of 50 basis points by November is 56.3%, 75 basis points is 37.6%, and 100 basis points is 6.2%