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The probability of a 25 basis point interest rate cut by the Federal Reserve in September has risen to 96.6%.
BlockBeats News, September 4th, according to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged in September is 3.4%, and the probability of a 25 basis point rate cut is 96.6%.
The probability of the Fed keeping interest rates unchanged in October is 1.6%, the cumulative probability of a 25 basis point rate cut is 46.8%, and the cumulative probability of a 50 basis point rate cut is 51.6%. (FXStreet)
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