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Before the release of the US CPI, the probability of a Fed rate cut in September was 82.5%.
BlockBeats News, August 12, according to CME's "FedWatch": The probability of the Fed holding interest rates steady in September is 17.5%, and the probability of a 25 basis point rate cut is 82.5%.
The probability of the Fed holding interest rates steady in October is 6.5%, the cumulative probability of a 25 basis point rate cut is 41.5%, and the cumulative probability of a 50 basis point rate cut is 52.0%.
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