CME Fed Watch: The probability of a 50 basis point rate cut by the Fed this week is 52%, which is comparable to a 25 basis point rate cut

PANews reported on September 16 that according to Jinshi, CME's "Fed Watch" data showed that the probability of the Fed cutting interest rates by 25 basis points in September was 48%, and the probability of cutting interest rates by 50 basis points was 52%. The probability of the Fed cutting interest rates by 50 basis points by November was 30.2%, the probability of cutting interest rates by 75 basis points was 50.5%, and the probability of cutting interest rates by 100 basis points was 19.3%.