There is a 70% probability that the Federal Reserve will cut interest rates by 25 basis points in September

JIN10
2024.09.09 22:06
portai
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 70%, and the probability of a 50 basis point cut is 30%. The probability of the Fed cutting rates by a total of 50 basis points by November is 28.5%, by 75 basis points is 53.7%, and by 100 basis points is 17.8%

According to CME's "Fed Watch" data on September 10th, the probability of the Fed cutting interest rates by 25 basis points in September is 70%, while the probability of a 50 basis point cut is 30%. The probability of the Fed cutting rates by a total of 50 basis points by November is 28.5%, by 75 basis points is 53.7%, and by 100 basis points is 17.8%

Source: JIN10 The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.