CME Federal Reserve Watch: The probability of the Federal Reserve cutting interest rates by 50 basis points this week is higher than 25 basis points
According to CME Federal Reserve observation data: The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 33.0%, and the probability of a 50 basis point cut is 67.0%. The likelihood of the Fed making a cumulative rate cut of 50 basis points by November is 19.3%, while there's a 52.9% chance for a cumulative reduction of 75 basis points, and a 27.8% chance for an overall decrease of up to100 basis points.
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