The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%.
According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 1.7%, while the probability of a 25 basis point rate cut is 98.3%. The probability of the Federal Reserve keeping interest rates unchanged in December is 0.1%, with a cumulative probability of a 25 basis point rate cut at 8.1%, and a cumulative probability of a 50 basis point rate cut at 91.7%.
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
Chainlink spot ETF expected to launch this week, Grayscale plans to complete private trust conversion
CoinShares withdraws ETF applications for XRP, Solana, and Litecoin
Yearn yETH attacked, approximately $3 million worth of ETH flows into Tornado Cash
