The probability of a Federal Reserve rate cut in September is 89.6%.
According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 10.4%, while the probability of a 25 basis point rate cut is 89.6%. For October, the probability of keeping rates unchanged is 4.9%, the cumulative probability of a 25 basis point rate cut is 47.3%, and the cumulative probability of a 50 basis point rate cut is 47.9%.
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