The Federal Reserve is expected to cut interest rates by 25 basis points in October, with a 91.9% probability according to CME's "Fed Watch." The likelihood of maintaining the current rates is only 8.1%. Looking ahead to December, the probability of rates remaining unchanged drops to 1%, while the chances of a cumulative 25 basis point cut stand at 18.5%, and a 50 basis point cut at 80.5%.
Federal Reserve Likely to Cut Interest Rates by 25 Basis Points in October
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.