PANews reported on August 12th that according to CME's "Fed Watch," the probability of the Federal Reserve keeping interest rates unchanged in September is 9.9%, and the probability of a 25 basis point rate cut is 90.1%. The probability of the Fed keeping interest rates unchanged in October is 3.0%, the probability of a cumulative 25 basis point rate cut is 33.6%, and the probability of a cumulative 50 basis point rate cut is 63.5%.
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