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%.
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
Ripple stablecoin RLUSD expands to L2 networks, adopts Wormhole's NTT standard
Nvidia rises about 1.5% in US pre-market trading
Strive raises SATA perpetual preferred stock dividend from 12% to 12.25%
BitMine increased its holdings by 102,259 ETH last week, bringing the total to over 3.967 million ETH.
