The probability that the Fed will cut interest rates by 25 basis points in September is 48 percent
According to the CME “Fed Watch”, the probability that the Fed will cut interest rates by 25 basis points in September is 48%, and the probability of a 50 basis point cut is 52%. The probability that the Fed will cut interest rates by 50 basis points in November is 30.2%, the probability of a cumulative cut of 75 basis points is 50.5%, and the probability of a cumulative cut of 100 basis points is 19.3%.
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