The probability of the Federal Reserve cutting interest rates by 50 basis points this week is 63.0%
According to CME's "FedWatch" tool, the probability analysis of the Fed cutting rates in September shows a 37.0% chance of a 25 basis point cut and a 63.0% chance of a 50 basis point cut. Furthermore, by November, the cumulative probability of a 50 basis point cut is 18.7%, a 75 basis point cut is 50.2%, and a 100 basis point cut is 31.1%
According to CME's "Fed Watch" data on September 18th, the probability of the Fed cutting interest rates by 25 basis points in September is 37.0%, while the probability of a 50 basis point cut is 63.0%. The probability of the Fed cutting a total of 50 basis points by November is 18.7%, 75 basis points is 50.2%, and 100 basis points is 31.1%