The probability of the Federal Reserve lowering interest rates in September is 92.4%.
According to CME "FedWatch": The probability of the Fed maintaining interest rates in September is 7.6%, while the probability of a 25 basis point rate cut is 92.4%. The probability of the Fed maintaining interest rates in October is 2.7%, with a cumulative probability of a 25 basis point rate cut at 38%, and a cumulative probability of a 50 basis point rate cut at 59.2%.
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