CME Federal Reserve Watch: The probability of the Federal Reserve cutting rates by 25 basis points in September is 88.6%
BlockBeats news, July 26, according to CME "Federal Reserve Watch": The probability of the Federal Reserve maintaining interest rates unchanged in August is 93.3%, and the probability of a rate cut by 25 basis points is 6.7%.
The probability of the Federal Reserve keeping interest rates unchanged until September is 0%, the cumulative probability of a rate cut by 25 basis points is 88.6%, the cumulative probability of a rate cut by 50 basis points is 11%, and the cumulative chance for a reduction by 75 basis points stands at only about .3%.
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