Traders are pricing in almost equal odds of a 25 basis point and 50 basis point rate cut by the Fed next week

PANews reported on September 15 that according to Jinshi, CME Fedwatch data showed that after experiencing sharp fluctuations throughout the week, Friday's federal funds rate futures showed that traders priced in almost equal odds of the Federal Reserve cutting interest rates by 25 basis points and 50 basis points next week. The changing bets reflect one of the key issues facing the market today: whether the Federal Reserve will stop the weakness of the labor market through aggressive rate cuts, or will it take a slower pace of rate cuts to stay on the sidelines.