CME "Fed Watch": Probability of Fed Rate Cut by 50bps Higher than 25bps this Week
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September 16, 2024
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According to CME's "Fed Watch," the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 33.0%, while the probability of a 50 basis point cut is 67.0%. The probability of the Fed accumulating a total of 50 basis points in rate cuts by November is 19.3%, a total of 75 basis points is 52.9%, and a total of 100 basis points is 27.8%.
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