The probability of a Fed rate cut in September is 87.8%.
According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 12.2%, while the probability of a 25 basis point rate cut is 87.8%. The probability of the Federal Reserve keeping interest rates unchanged in October is 6.2%, with a cumulative probability of a 25 basis point rate cut at 50.6%, and a cumulative probability of a 50 basis point rate cut at 43.2%.
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