The probability of a 25 basis point rate cut by the Federal Reserve in October is 99%, with strong expectations for another rate cut in December.
According to ChainCatcher, citing Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 99%, while the probability of a 50 basis point cut is 1%. In addition, the probability of a cumulative 50 basis point rate cut by December is 94%, and the probability of a cumulative 75 basis point cut is 6%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Since October 15, long-term holders have reduced their bitcoin holdings by another 28,000 coins.
The probability of the Federal Reserve cutting interest rates by 25 basis points in October has dropped to 96.7%.
Grammy Award winners Imogen Heap, deadmau5, and Richie Hawtin have officially joined Camp Network.
Morgan Stanley: The US dollar is expected to weaken due to interest rate cut expectations
Trending news
MoreCrypto prices
More
