Fed's Probability of Cutting Rates by 50 Basis Points Tonight is 61%
Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
According to Golden Finance, CME's FedWatch tool shows a 39.0% probability of a 25 basis point rate cut by the Fed in September and a 61% probability of a 50 basis point cut. The probability of a cumulative 50 basis point rate cut by November is 23.4%, while the probability of a 75 basis point cut is 52.2% and the probability of a 100 basis point cut is 24.4%. By December, the probability of a cumulative 75 basis point cut is 10.5%, a 100 basis point cut is 36.4%, a 125 basis point cut is 39.7%, and a 150 basis point cut is 13.4%.
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