The probability of a Fed rate cut in September is 99.4%.
Jinse Finance reported, according to CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged in September is 0.6%, while the probability of a 25 basis point rate cut is 99.4%. The probability that the Federal Reserve will keep interest rates unchanged in October is 0.3%, with a cumulative probability of a 25 basis point rate cut at 44.5%, and a cumulative probability of a 50 basis point rate cut at 55.3%.
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
Next Week's Key Insights: A certain exchange to host Blockchain Week in Dubai; Ethereum releases Fusaka upgrade
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
Trending news
MoreCrypto prices
More
