According to BlockBeats, on September 5, after the release of the U.S. ADP employment data for August, according to CME's "Fed Watch" data, the probability of the Federal Reserve cutting interest rates by 50 basis points in September dropped from 45% to 37%, and the probability of a 25 basis point cut was 63%.
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The probability of the Fed cutting interest rates by 50 basis points in September has dropped to 37%.
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