The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 56.5%
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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 43.5%, and the probability of a 50 basis point cut is 56.55%. The probability of the Fed cutting a total of 50 basis points by November is 28.2%, cutting a total of 75 basis points is 51.9%, and cutting a total of 100 basis points is 19.9%
According to CME's "FedWatch Tool" on August 9th, the probability of the Fed cutting rates by 25 basis points in September is 43.5%, while the probability of a 50 basis points cut is 56.55%. The probability of the Fed cutting rates by a total of 50 basis points by November is 28.2%, by 75 basis points is 51.9%, and by 100 basis points is 19.9%