The probability of a Fed rate cut in September is 96.6%.
According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 3.4%, while the probability of a 25 basis point rate cut is 96.6%. The probability of keeping rates unchanged in October is 1.6%, with a cumulative probability of a 25 basis point rate cut at 46.8%, and a cumulative probability of a 50 basis point rate cut at 51.6%.
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