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U.S. federal funds rate futures extended gains, implying an 89% chance of a 50 basis point rate cut by the Federal Reserve in September

U.S. federal funds rate futures extended gains, implying an 89% chance of a 50 basis point rate cut by the Federal Reserve in September

Odaily2024/08/05 06:38
By:Odaily
Odaily News U.S. federal funds rate futures continued to rise, suggesting that the probability of the Federal Reserve cutting interest rates by 50 basis points in September is 89%. (Jinshi)
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