The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%.
According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 1.7%, while the probability of a 25 basis point rate cut is 98.3%. The probability of the Federal Reserve keeping interest rates unchanged in December is 0.1%, with a cumulative probability of a 25 basis point rate cut at 8.1%, and a cumulative probability of a 50 basis point rate cut at 91.7%.
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.
You may also like
New York silver futures fall below $61 per ounce, down 5.87% intraday.
Anthropic collaborates with Nvidia on AI agent safety research
Meta executive David Ginsberg transitions to new AI innovation position
The three major US stock indexes closed lower. Meta fell 4.79%, Tesla dropped 3.94%.
