[The probability of the Fed keeping interest rates unchanged in August is 97.4%]
According to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in August is 97.4%, and the probability of a 25 basis point rate cut is 2.6%.
The probability of the Fed keeping interest rates unchanged by September is 6.8%, the probability of a cumulative 25 basis point rate cut is 90.8%, and the probability of a cumulative 50 basis point rate cut is 2.4%.
What is the probability of a rate cut in September? $WLD