Federal Reserve's September Rate Cut Probabilities Analyzed

According to Odaily, the CME's 'FedWatch' tool indicates a 70% probability of a 25 basis point rate cut by the Federal Reserve in September, while the likelihood of a 50 basis point cut stands at 30%. By November, the cumulative probability of a 50 basis point rate cut is 28.5%, a 75 basis point cut is 53.7%, and a 100 basis point cut is 17.8%.