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- 🔥 Gate.io #BTC# Price Prediction Event is in Full Swing!
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Before the release of ADP and initial claims data, the probability of a 25 basis point rate cut by the Federal Reserve in September is 57%.
On September 5th, Jin Shi data reported that, according to CME's "Fed Watch", the probability of the Fed lowering interest rates by 25 basis points in September is 57.0%, and the probability of lowering interest rates by 50 basis points is 43.0%. The probability of the Fed cutting interest rates by a cumulative 50 basis points by November is 31.6%, the probability of cutting interest rates by a cumulative 75 basis points is 49.2%, and the probability of cutting interest rates by a cumulative 100 basis points is 19.2%.