Fed Rate Cut Probability at 63% This Week
Article is form Jinse
September 17, 2024
This article is translated by ChatGPT Show original
According to Golden Finance, the CME FedWatch Tool indicates a 37.0% probability of a 25 basis point interest rate cut by the Federal Reserve in September, and a 63.0% probability of a 50 basis point cut.
The probability of a cumulative 50 basis point cut by November is 18.7%, a 75 basis point cut is 50.2%, and a 100 basis point cut is 31.1%.
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