There is a 71% probability of the Federal Reserve cutting interest rates by 25 basis points in September
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According to CME's "FedWatch" tool: The probability of the Fed cutting interest rates by 25 basis points in September is 71.0%, while the probability of a 50 basis points cut is 29.0%. The probability of the Fed cutting a total of 50 basis points by November is 28.7%, cutting a total of 75 basis points is 54.0%, and cutting a total of 100 basis points is 17.3%
According to CME's "FedWatch Tool" on September 9th, the probability of the Fed cutting interest rates by 25 basis points in September is 71.0%, while the probability of a 50 basis points cut is 29.0%. The probability of the Fed cutting a total of 50 basis points by November is 28.7%, 75 basis points is 54.0%, and 100 basis points is 17.3%