The probability of the Federal Reserve lowering interest rates by 25 basis points in September has decreased to 87.3%

BlockBeats news, on August 25, according to CME's 'FedWatch', the probability of the Federal Reserve lowering interest rates by 25 basis points in September has decreased to 87.3%, while the probability of maintaining the current rate is 12.7%.

Previously, former Federal Reserve Vice Chair Richard Clarida stated in a report that the Federal Reserve seems likely to lower the policy rate in the near future, but will take a cautious approach. Powell's highly anticipated speech at the Jackson Hole annual symposium last week did not disappoint the market, and the Federal Reserve's introduction of a revised monetary policy framework also did not surprise Fed watchers. In the long term, the Federal Reserve reaffirmed its commitment to its dual mandate while providing only slight clarifications to its monetary policy framework.