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CME Fed Watch: The probability of the Fed keeping interest rates unchanged in August is 88.6%

CME Fed Watch: The probability of the Fed keeping interest rates unchanged in August is 88.6%

Odaily2024/06/21 00:43
By:Odaily
Odaily News According to CMEs Fed Watch data, the probability of the Fed keeping interest rates unchanged in August is 88.6%, and the probability of a 25 basis point rate cut is 11.4%. The probability of the Fed keeping interest rates unchanged in September is 36.3%, the probability of a cumulative 25 basis point rate cut is 57%, and the probability of a cumulative 50 basis point rate cut is 6.7%.
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