The probability of the Federal Reserve cutting interest rates by 50 basis points in September has increased
According to CME's "Fed Watch", the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 78%, and by 50 basis points is 22%. The cumulative probability of the Fed cutting rates by 50 basis points by November is 29.1%, by 75 basis points is 57.1%, and by a full percentage point (100 basis points) is at13.8%.
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