📉 U.S. Fed Rate Cut Odds Surge to 91.9% for October 📊
According to CME’s FedWatch Tool:
🔹 There is now a 91.9% probability that the Federal Reserve will cut interest rates by 25 basis points at its October meeting.
🔹 Meanwhile, the chance of holding rates steady stands at just 8.1%.
This sharp tilt toward easing reflects growing market confidence in a more accommodative monetary policy. Traders and investors are now closely monitoring upcoming Fed speeches and economic data releases for confirmation of this trajectory.
