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The probability of the Fed cutting interest rates by 25 basis points in September has risen to 85%

2024-09-12 08:18

On September 12, according to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points in September is 85%, and the probability of cutting interest rates by 50 basis points is 15%. The probability of the Fed cutting interest rates by 50 basis points by November is 46.4%, the probability of cutting interest rates by 75 basis points is 46.7%, and the probability of cutting interest rates by 100 basis points is 6.8%.