The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 99%, and there is a strong expectation for a rate cut in December
ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 99%, and the probability of a 50 basis points cut is 1%. In addition, the probability of a cumulative 50 basis points cut by December is 94%, and the probability of a cumulative 75 basis points cut is 6%.
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