The probability of the Federal Reserve cutting interest rates three times by the end of the year rises to 71%
ChainCatcher news, according to Golden Ten Data, the non-farm payrolls report was weaker than expected, and futures market traders are clearly betting on more rate cuts in 2025. Traders still strongly expect the Federal Reserve to cut rates by 25 basis points in September.
Currently, traders believe there is a 71% chance of three rate cuts by the end of this year, up from 46% a day earlier. The probability that the Federal Reserve will cut rates only once or less by the end of the year has dropped from 7.9% a day earlier to 1.5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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