The probability of the Federal Reserve cutting interest rates by 25 basis points in September has risen to 85%
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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 85%, while the probability of a 50 basis point cut is 15%. The probability of the Fed cutting a total of 50 basis points by November is 45.6%, cutting a total of 75 basis points is 47.5%, and cutting a total of 100 basis points is 7%
According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in September is 85%, while the probability of a 50 basis point cut is 15%. The probability of the Fed cutting rates by a total of 50 basis points by November is 45.6%, by 75 basis points is 47.5%, and by 100 basis points is 7%