The probability of the Federal Reserve cumulatively cutting interest rates by another 50 basis points within the year is reported at 65.4%, and the probability of a cumulative rate 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 now 87.7%, and the probability of maintaining the current interest rate is 12.3%.
The probability of the Fed cumulatively cutting interest rates by 50 basis points by December is now 65.4%, the probability of cumulatively cutting interest rates by 25 basis points is now 31.5%, and the probability of maintaining the current interest rate is 3.1%.
The next two FOMC meeting dates for the Federal Reserve are October 29 and December 10, respectively.
[BlockBeats]
The probability of the Federal Reserve cumulatively cutting interest rates by another 50 basis points within the year is reported at 65.4%, and the probability of a cumulative rate 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 now 87.7%, and the probability of maintaining the current interest rate is 12.3%.
The probability of the Fed cumulatively cutting interest rates by 50 basis points by December is now 65.4%, the probability of cumulatively cutting interest rates by 25 basis points is now 31.5%, and the probability of maintaining the current interest rate is 3.1%.
The next two FOMC meeting dates for the Federal Reserve are October 29 and December 10, respectively.
[BlockBeats]
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