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Before the CPI Release, the probability of a 50 basis points Fed rate cut in September is 8%.
BlockBeats News, September 11th, according to CME's "FedWatch": The probability of a 25 basis point rate cut by the Fed in September is 92%, and the probability of a 50 basis point cut is 8%.
The probability of a cumulative 25 basis point rate cut by the Fed in October is 21.2%, a cumulative 50 basis point cut is 72.6%, and a cumulative 75 basis point cut is 6.2%.
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