The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 69.5%
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 30.5%, and the probability of a 50 basis point cut is 69.5%. The probability of the Fed cutting a total of 75 basis points by November is 4.1%, 100 basis points is 35.8%, and 125 basis points is 60.1%
According to CME's "Fed Watch" data on August 5th, the probability of the Fed cutting interest rates by 25 basis points in September is 30.5%, while the probability of a 50 basis points cut is 69.5%. The probability of the Fed cutting a total of 75 basis points by November is 4.1%, 100 basis points is 35.8%, and 125 basis points is 60.1%