The probability of the Fed accumulating another 50 basis points cut this year is reported at 65.4%, while the probability of a cumulative cut of 25 basis points is reported at 31.5%.
On September 28, according to CME's "Fed Watch" data, the probability of the Fed cutting interest rates by 25 basis points in October is currently reported at 87.7%, while the probability of maintaining the interest rate is 12.3%. The probability of the Fed cumulatively cutting interest rates by 50 basis points by December is currently reported at 65.4%, the probability of cumulatively cutting by 25 basis points is reported at 31.5%, and the probability of maintaining the interest rate is 3.1%. The dates for the next two FOMC meetings of the Fed are October 29 and December 10.
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The probability of the Fed accumulating another 50 basis points cut this year is reported at 65.4%, while the probability of a cumulative cut of 25 basis points is reported at 31.5%.
On September 28, according to CME's "Fed Watch" data, the probability of the Fed cutting interest rates by 25 basis points in October is currently reported at 87.7%, while the probability of maintaining the interest rate is 12.3%. The probability of the Fed cumulatively cutting interest rates by 50 basis points by December is currently reported at 65.4%, the probability of cumulatively cutting by 25 basis points is reported at 31.5%, and the probability of maintaining the interest rate is 3.1%. The dates for the next two FOMC meetings of the Fed are October 29 and December 10.