CME Federal Reserve Watch: The probability of the Federal Reserve cutting interest rates by 50 basis points in September is currently reported at 32.5%
According to CME (Federal Reserve Watch) data, as of the time of publication, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67.5%, and the probability of a 50 basis point cut is 32.5%.
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Federal Reserve Governor Milan once again calls for a significant rate cut in December