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The probability of a 50 basis point rate cut by the Federal Reserve in September has risen to 41%.
According to CME's 'FedWatch': the probability of a 25 basis point rate cut by the Fed in September is 59%, and the probability of a 50 basis point rate cut is 41%.
The probability of the Federal Reserve's cumulative interest rate cuts reaching 50 basis points by November is 26.4%, the probability of a cumulative interest rate cut of 75 basis points is 50.9%, and the probability of a cumulative interest rate cut of 100 basis points is 22.6%. #BTC#