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CME Fed Watch: The probability of the Fed cutting interest rates by 25 basis points in September is 64.9%
Odaily News Trump hinted that he would fire Fed Chairman Powell. CMEs Fed Watch data showed that the probability of the Fed keeping interest rates unchanged in July was 95.3%, and the probability of a 25 basis point rate cut was 4.7%. The probability of the Fed keeping interest rates unchanged in September dropped to 32%, the probability of a cumulative 25 basis point rate cut was 64.9%, and the probability of a cumulative 50 basis point rate cut was 3.1%. (Jinshi)
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