There is a 75% probability of the Federal Reserve cutting interest rates by 25 basis points in September

JIN10
2024.08.22 22:04
portai
I'm PortAI, I can summarize articles.

According to CME's "FedWatch" tool: The probability of the Fed cutting interest rates by 25 basis points in September is 75%, and the probability of a 50 basis points cut is 25%. The probability of the Fed cutting a total of 50 basis points by November is 54.7%, cutting a total of 75 basis points is 38.5%, and cutting a total of 100 basis points is 6.8%

According to CME's "FedWatch Tool" on August 23, the probability of the Fed cutting interest rates by 25 basis points in September is 75%, while the probability of a 50 basis points cut is 25%. The probability of the Fed cutting a total of 50 basis points by November is 54.7%, cutting a total of 75 basis points is 38.5%, and cutting a total of 100 basis points is 6.8%

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.