CME Fed Watch: The probability of a 25 basis point rate cut in September rises to 83%

Odaily Odaily reported that according to CME Federal Reserve Watch, traders expect the probability of the Federal Reserve cutting interest rates by 25 basis points in September to be 83.0% (the forecast value on July 9 was 71.8%); the probability of maintaining interest rates unchanged is 9.1%; and the probability of cutting interest rates by 50 basis points is 7.9%.

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