TechFlow reported, according to CME's "Fed Watch" data, there is a 78% probability that the Federal Reserve will cut interest rates by 25 basis points in September and a 22% probability of a 50-basis-point cut. By November, the cumulative probability of a 25-basis-point rate cut stands at 3.7%, a 50-basis-point cumulative cut at 75.3%, and a 75-basis-point cumulative cut at 21%.
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