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The probability of a 25 basis point interest rate cut by the Federal Reserve in September has fallen to 93%.
BlockBeats News, September 10, according to CME's "FedWatch Tool": The probability of a 25 basis point rate cut by the Fed in September is 93%, previously briefly exceeding 99%, with a 50 basis point rate cut probability at 7%.
The probability of a cumulative 25 basis point rate cut by the Fed in October is 21.4%, with a cumulative 50 basis point rate cut probability at 73.2%, and a cumulative 75 basis point rate cut probability at 5.4%.
Time until the next FOMC meeting: 7 days 18 hours 09 minutes.
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