August 3rd news: According to CME’s “FedWatch” data, the probability of a 25 basis point rate cut by the Fed in September is 78%, and the probability of a 50 basis point cut is 22%. The probability of a cumulative 25 basis point cut by November is 3.7%, while the probability of a cumulative 50 basis point cut is 75.3%, and a cumulative 75 basis point cut is 21%.
