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After the release of ADP and initial claims data, the probability of the Federal Reserve cutting interest rates by 25 basis points in September fell slightly to 55%.
2024-09-05 12:58
Odaily News According to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points in September is 55.0% (57.0% before the announcement), and the probability of cutting interest rates by 50 basis points is 45.0% (43.0% before the announcement). The probability of the Fed cutting interest rates by 50 basis points by November is 28.9%, the probability of cutting interest rates by 75 basis points is 49.7%, and the probability of cutting interest rates by 100 basis points is 21.3%. (Jinshi)