Federal Reserve September Rate Cut Probability Currently at 4%

BlockBeats News, September 16th, according to CME's "FedWatch" data, the probability of a 25 basis point rate cut by the Federal Reserve in September is 96%, while the probability of a 50 basis point cut is 4%.

The Federal Reserve is set to announce the U.S. Federal Funds Rate Decision (Upper Bound) for September on September 18th at 2:00 AM, with an expected rate of 4.25% and a previous value of 4.5% as of September 17th.