The probability of the Federal Reserve cutting interest rates by 50 basis points in September has further increased to 59%.

According to BlockBeats, on September 16, according to CME’s “Fed Watch” data, as of press time, the probability of the Federal Reserve cutting interest rates by 50 basis points in September further increased to 59%, while the probability of cutting interest rates by 25 basis points dropped to 41% (the probability comparison on the previous day was 50% to 50%).

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