The probability of the Federal Reserve cutting interest rates by 50 basis points in September is 48.5%
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According to CME's "FedWatch Tool": The probability of the Fed cutting interest rates by 25 basis points in September is 51.5%, while the probability of a 50 basis point cut is 48.5%. The probability of the Fed cutting a total of 50 basis points by November is 36.8%, cutting a total of 75 basis points is 49.4%, and cutting a total of 100 basis points is 13.9%
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