The Probability of Fed Rate Cut in September Hits 89.6%
Publication Time:2024-07-25 08:46:05
According to the latest data, the possibility of the Fed maintaining the same interest rate in September is virtually zero, with a high probability of cutting interest rates by 25 basis points at 89.6%. This data reflects the strong market anticipation for a possible easing monetary policy by the Fed to address economic uncertainties. In comparison, the probabilities of cutting interest rates by 50 and 75 basis points are 10.2% and 0.3%, respectively, indicating that the mainstream market opinion leans towards a slight rate cut. Moreover, the probability of the Fed maintaining the interest rate unchanged in August was 93.3%, with a 6.7% chance of cutting interest rates by 25 basis points, further confirming the market's expectation of a possible rate cut in September.
rate cut
Federal Reserve
Market Expectation