CME FedWatch: Probability of a Total 25 Basis Point Rate Cut by September Rises to 63.1%
BlockBeats News, July 16 — According to CME "FedWatch" data, there is a 4.7% probability of a 25 basis point rate cut in July, while the probability of keeping rates unchanged is 95.3%.
The probability that the Federal Reserve will keep rates unchanged through September is 33.9%, with a 63.1% chance of a cumulative 25 basis point rate cut, and a 3% chance of a cumulative 50 basis point rate cut.
The next two FOMC meetings are scheduled for July 30 and September 17.
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.
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