Before the Fed's Interest Rate Meeting, the Probability of a 50 Basis Point Rate Cut Was Reduced ...

BlockBeats reported that on September 18, before the Fed’s interest rate meeting, CME’s “Fed Watch” predicted that the probability of a 50 basis point rate cut in September was 61% (62% a day ago), and the probability of a 25 basis point rate cut was 39%.

Previously, financial institutions including Bank of America, Goldman Sachs, Morgan Stanley, Barclays and Citigroup predicted that the Fed would cut interest rates by 25 basis points tonight.