There is a 92.4% probability that the Federal Reserve will cut interest rates in September
According to CME "FedWatch" reported by Jinse Finance, there is a 7.6% probability that the Federal Reserve will keep interest rates unchanged in September, and a 92.4% probability of a 25 basis point rate cut. For October, there is a 2.7% probability that rates will remain unchanged, a 38% probability of a cumulative 25 basis point rate cut, and a 59.2% probability of a cumulative 50 basis point rate cut.
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