The probability of the Federal Reserve cutting interest rates by 25 basis points in October is as high as 94.6%.
ChainCatcher news, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 5.4%, while the probability of a 25 basis point rate cut is 94.6%. In addition, the probability of the Federal Reserve keeping interest rates unchanged in December is 0.6%, the cumulative probability of a 25 basis point rate cut is 14.5%, and the cumulative probability of a 50 basis point rate cut is 84.9%.
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
RootData: BounceBit (BB) will unlock tokens worth approximately $9.75 million in one week
Trending news
MoreData: Currently, miners produce an average of about 900 bitcoins per day, while treasury companies and ETFs have a daily purchase volume of 1,755 and 1,430 bitcoins, respectively.
Bitcoin reserve companies had a net purchase of $1.2 billion last week, while ETFs had a net purchase of $3.236 billion during the same period.
Crypto prices
More
