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TechFlow news, according to CME's "Fed Watch" data, the probability of a 25-basis-point or 50-basis-point rate cut by the Federal Reserve in September is now equally 50%. One day earlier, the probability of a 50-basis-point cut was only 28%.
According to CME's "FedWatch" data, at the time of writing, the probability of the Federal Reserve cutting interest rates by 25 basis points or 50 basis points in September is evenly split at 50% each. One day earlier, the probability of a 50-basis-point rate cut was only 28%.
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