There is a 70% probability that the Federal Reserve will cut interest rates by 25 basis points in September
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According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in September is 70%, and the probability of a 50 basis point cut is 30%. The probability of the Fed cutting rates by a total of 50 basis points by November is 28.5%, by 75 basis points is 53.7%, and by 100 basis points is 17.8%
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