The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 69%

Bitget App

Trade smarter

Bitget2024/09/10 23:10

According to CME's "Fed Watch", the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 69%, and the probability of a 50 basis point cut is 31%. The likelihood of the Fed making a cumulative rate cut of 50 basis points by November stands at 26.1%, while there's a 54.6% chance for a cumulative cut of 75 basis points, and a 19.3% chance for an overall reduction of up to100 basis points.

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.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

AB Charity Foundation continues to promote education and assistance in Timor-Leste: donates $500,000 in scholarships and materials worth $691,412 to support underprivileged children

A trader has started 5x long positions on ETH and HYPE, with a total position of approximately $36 million.