Federal Reserve: Nearly 100% probability of interest rate cut in September, cumulative cut of 50 basis points possible in October
[August 14 CME “Federal Reserve Watch” reveals probabilities of Federal Reserve rate adjustments] On August 14, CME “Federal Reserve Watch” showed that the probability of the Federal Reserve maintaining interest rates in September is 0%, the probability of a 25 basis point cut is 94.3%, and the probability of a 50 basis point cut is 5.7%. Additionally, the probability of the Federal Reserve maintaining interest rates in October is 0%, the probability of a cumulative 25 basis point cut is 31.8%, the probability of a cumulative 50 basis point cut is 64.4%, and the probability of a cumulative 75 basis point cut is 3.8%.