Hassett: Trump respects any decision Warsh makes tomorrow

BlockBeats news, September 15 — White House National Economic Council Director Hassett said that Trump and he respect any decision made by Federal Reserve Chairman Warsh tomorrow.

According to prediction market predict.fun data, the market currently believes there is an 88% probability that the Fed will decide to raise interest rates by 25 basis points tomorrow, while the probability of keeping rates unchanged is only 12%.

Data from traditional channels is even more pessimistic. CME FedWatch currently shows that the market believes the probability that the Federal Reserve will raise interest rates by 25 basis points at its September 16 meeting, increasing the federal funds rate target range from 3.50%-3.75% to 3.75%-4.00%, is 92.5%; the probability of keeping rates unchanged is 7.5%, and the probability of a rate cut is 0.