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CME FedWatch: 61% Chance of 25 bps Fed Rate Cut in September Amid Economic Contraction

CME FedWatch: 61% Chance of 25 bps Fed Rate Cut in September Amid Economic Contraction


Bitcoin World
2024-09-04 02:45:09

CME FedWatch : 25 bps Fed rate cut September is now the favored scenario, with CME FedWatch indicating a 61% probability of such a move as the U.S. Federal Reserve responds to ongoing economic contraction. According to CME data, the U.S. ISM August Manufacturing PMI report, which signaled continued contraction in the manufacturing sector, has


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