The Federal Reserve continues to increase its bets on rate cuts this year (Jinshi Data APP)
On July 16, according to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in August is 94.3%, and the probability of a 25 basis point rate cut is 5.7%.
The probability of the Fed keeping interest rates unchanged by September is 0.0%, the probability of a cumulative 25 basis point rate cut is 88.7%, the probability of a cumulative 50 basis point rate cut is 11.0%, and the probability of a cumulative 75 basis point rate cut is 0.3%. (Jinshi)
