The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 69.5%
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According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in September is 30.5%, and the probability of a 50 basis point cut is 69.5%. The probability of the Fed cutting a total of 75 basis points by November is 4.1%, 100 basis points is 35.8%, and 125 basis points is 60.1%
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