Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
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%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Data: Two newly created addresses accumulate 1,465 BTC, worth over $160 million
2
Two new wallets withdrew 1,000 and 465 BTC from a certain exchange and FalconX, respectively.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$110,879.48
-1.56%
Ethereum
Ethereum
ETH
$3,998.68
-3.77%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$1,192.5
+0.09%
XRP
XRP
XRP
$2.4
-4.31%
Solana
Solana
SOL
$193.38
-6.24%
USDC
USDC
USDC
$0.9999
+0.00%
TRON
TRON
TRX
$0.3220
+0.48%
Dogecoin
Dogecoin
DOGE
$0.1971
-3.60%
Cardano
Cardano
ADA
$0.6705
-4.15%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter