The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 89.6%
According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in August is 93.3%, and the probability of a rate cut by 25 basis points is 6.7%. The likelihood of the Fed maintaining unchanged rates until September is 0%, with an accumulated probability of a rate cut by 25 basis points at 89.6%, a cumulative reduction by 50 basis points at 10.2%, and a cumulative reduction by 75 basis points at 0.3%.
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