The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67%
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According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in September is 67%, and the probability of a 50 basis point cut is 33%. The probability of the Fed cutting rates by a total of 50 basis points by November is 45.2%, by 75 basis points is 44.1%, and by 100 basis points is 10.8%
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