Fed September Rate Cut Probability at 48%
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September 16, 2024
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According to CME's "Fed Watch," the probability of the Fed cutting interest rates by 25 basis points in September is 48%, and the probability of a 50 basis point cut is 52%. The probability of the Fed cumulatively lowering rates by 50 basis points by November is 30.2%, by 75 basis points is 50.5%, and by 100 basis points is 19.3%.
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