Changes in the probabilities of Federal Reserve rate cuts in September
According to BlockBeats, the probability of a 50 basis point cut in the Federal Reserve's interest rates in September rose to 8% on Polymarket, while the probability of a 25 basis point cut decreased to 79%. The probability of no rate cut stands at 12%.
Furthermore, data from CME's 'FedWatch' indicates a 4.2% probability of a 50 basis point cut and a 95.8% probability of a 25 basis point cut from the Federal Reserve in September.