CME Fed Watch: 50 Basis Point Rate Cut Probability at 52%, Equal to 25 Basis Point Cut
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September 16, 2024
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PANews reported on September 16, citing Jin10, that the CME FedWatch tool shows a 48% probability of a 25 basis point rate cut by the Fed in September, and a 52% probability of a 50 basis point rate cut. The probability of the Fed cutting rates by a total of 50 basis points by November is 30.2%, a total of 75 basis points is 50.5%, and a total of 100 basis points is 19.3%.
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