After the release of the PCE data, the probability of the Federal Reserve cutting interest rates by 25 basis points in September remains unchanged

ChainCatcher news, according to CME's "FedWatch" data, the probability of the Federal Reserve cutting interest 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 cumulatively cutting rates by 50 basis points by November is 51.2%, the probability of a cumulative cut of 75 basis points is 40.8%, and the probability of a cumulative cut of 100 basis points is 8.1%.