CME "FedWatch": The probability of a rate cut by the Federal Reserve in September rises to 91.1%, while the probability of maintaining the current rate is 8.9%
ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 8.9%, while the probability of a 25 basis point rate cut has risen to 91.1%.
In addition, the probability of the Federal Reserve maintaining interest rates in October is 4.3%, the cumulative probability of a 25 basis point rate cut is 48.9%, and the cumulative probability of a 50 basis point rate cut is 46.8%.
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