The probability of the Federal Reserve lowering interest rates in September has increased to 91.1%.
According to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged in September is 8.9%, while the probability of a 25 basis point rate cut is 91.1%. The probability of the Fed keeping interest rates unchanged in October is 4.3%, with a cumulative rate cut of 25 basis points at 48.9% and a cumulative rate cut of 50 basis points at 46.8%.
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