Fed Watch: 76% Probability of a 25 Basis Point Rate Cut in September

According to BlockBeats, CME's "Fed Watch" data as of August 24 indicates a 76% probability that the Federal Reserve will cut interest rates by 25 basis points in September. Additionally, there is a 24% chance of a more aggressive 50 basis point cut. These projections highlight market expectations as the Fed prepares for its next policy move.