@Binance News Federal Reserve's September Rate Decision Probabilities Revealed
AI Summary
According to BlockBeats, the CME's FedWatch Tool indicates a 17.5% probability that the Federal Reserve will maintain its current interest rates in September. There is an 82.5% likelihood of a 25 basis point rate cut.
For October, the probability of rates remaining unchanged is 6.5%. The chances of a cumulative 25 basis point rate cut stand at 41.5%, while a cumulative 50 basis point reduction is projected at 52.0%.