CME “Fed Watch”: Probability of a 50 Basis Point Fed Rate Cut This Week Higher Than 25 Basis Points

Article is form Jinse
September 17, 2024
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According to Golden Finance, the CME FedWatch Tool shows a 33.0% probability of a 25 basis point interest rate cut by the Fed in September, and a 67.0% probability of a 50 basis point cut. The probability of a cumulative 50 basis point rate cut by November is 19.3%, a 75 basis point cut is 52.9%, and a 100 basis point cut is 27.8%.

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