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Probability of Fed rate cut of 25 bps in September unchanged after PCE data release

Probability of Fed rate cut of 25 bps in September unchanged after PCE data release

Bitget2024/08/30 13:00

According to the CME “Fed Watch”: the probability that the Fed will cut rates by 25 basis points in September is 69.5%, and the probability of a 50 basis point cut is 30.5%. The probability of the Federal Reserve to November cumulative rate cut of 50 basis points is 51.2%, the probability of a cumulative rate cut of 75 basis points is 40.8%, the probability of a cumulative rate cut of 100 basis points is 8.1%.

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