The probability of a Fed rate cut in September is 99.4%.
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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%.
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