BlockBeats reported on August 12 that CME FedWatch has updated its probabilities, showing an 82.5% chance for a 25bps cut in September and a revised outlook for October.
BlockBeats reported on August 12 that, according to CME FedWatch, there is now an 82.5% probability for a 25bps rate cut in September with a 17.5% chance for rates to remain unchanged. In October, the probabilities are 6.5% for rates remaining unchanged, 41.5% for a cumulative 25bps cut, and 52.0% for a cumulative 50bps cut.