Before the FOMC statement, it was almost certain that the Federal Reserve would not move this time, and the probability of a rate cut in September was close to 60%
According to online reports, according to CME's "Federal Reserve Observation": The probability of the Fed keeping interest rates unchanged tonight is 96.9%, and the probability of cutting interest rates by 25 basis points is 3.1%. The probability that the Federal Reserve will keep interest rates unchanged in September is 40.2%, the probability of cutting interest rates by 25 basis points is 57.9%, and the probability of cutting interest rates by 50 basis points is 1.8%.
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