Ahead of the FOMC Statement, the Fed Is Almost Certain to Hold Rates Steady This Time, with Nearly a 60% Chance of a Rate Cut in September
According to CME "FedWatch" as reported by Jinse Finance: There is a 96.9% probability that the Federal Reserve will keep interest rates unchanged tonight, and a 3.1% probability of a 25 basis point rate cut. For September, the probability of the Fed maintaining current rates is 40.2%, with a 57.9% chance of a cumulative 25 basis point rate cut, and a 1.8% chance of a cumulative 50 basis point rate cut.
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.
You may also like
Data: Bitcoin faces resistance and pulls back at 92,000 USDT, with market trading volume at its lowest since July.
Today’s Fear and Greed Index drops to 24, shifting from Fear to Extreme Fear.
Trending news
MoreCrypto prices
More
