After the US July PPI data was released, the probability of a 25 basis point interest rate cut by the Federal Reserve in September is reported to be 92.5%.
BlockBeats News, August 14th: After the release of the July PPI data in the United States, the probability of a 25 basis point rate cut by the Fed in September slightly decreased to 92.5%, while the probability of unchanged rates remained at 7.5%.
Diesel surges 24.1% in a single month, igniting U.S. PPI, Fed's September rate hike probability rises to 70%, and 30-year U.S. Treasury yield hits highest since 2007.