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TechFlow news, according to CME's "Fed Watch," after this week's Bureau of Labor Statistics released unemployment data, the probability of a 25 basis point rate cut by the Federal Reserve in September is 70%, and the probability of a 50 basis point cut is 30%.
According to CME's "FedWatch," after the Bureau of Labor Statistics released unemployment data this week, there is a 70% probability that the Federal Reserve will cut interest rates by 25 basis points in September and a 30% probability of a 50-basis-point cut.
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