Fed Rate Cut Probability Rises to 41% for September
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September 13, 2024
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On September 13, according to CME's "Fed Watch": the probability of the Fed cutting interest rates by 25 basis points in September is 59%, while the probability of a 50 basis point cut is 41%.
The probability of the Fed cutting rates by a cumulative 50 basis points by November is 26.4%, the probability of a cumulative 75 basis point cut is 50.9%, and the probability of a cumulative 100 basis point cut is 22.6%.
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