Probability of a Fed Rate Cut in September Reaches 81.9%, with an 18.1% Chance of Holding Rates Steady
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According to ChainCatcher, citing Jinshi News, CME "FedWatch" shows there is an 18.1% probability that the Federal Reserve will keep rates unchanged in September, and an 81.9% probability of a 25 basis point rate cut. In addition, for October, there is an 8% probability of rates remaining unchanged, a 46.4% probability of a cumulative 25 basis point rate cut, and a 45.5% probability of a cumulative 50 basis point rate cut.
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