Binance News
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Federal Reserve's September Rate Decision Likely to See Cut
According to PANews, the CME's 'FedWatch' tool indicates a 9.3% probability that the Federal Reserve will maintain its current interest rates in September, while there is a 90.7% likelihood of a 25 basis point rate cut. For October, the probability of keeping rates unchanged is 4.5%, with a cumulative 48.9% chance of a 25 basis point cut and a 46.5% chance of a 50 basis point reduction.
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