The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 63.5%
According to the CME “Fed Watch”: the probability that the Fed will cut interest rates by 25 basis points in September is 63.5%, and the probability of a 50 basis point cut is 36.5%. The probability that the Fed will cut rates by 50 basis points in November is 36.7%, the probability of a cumulative rate cut of 75 basis points is 47.9%, and the probability of a cumulative rate cut of 100 basis points is 15.4%.
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