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Initial Jobless Claims to be Announced Tonight at 8:30, Probability of Rate Cut in September Currently at 87.2%
Summary: According to reports, the number of initial jobless claims in the US for the week will be announced tonight at 8:30, with an expected value of 23 and a previous value of 23.5. According to CME FedWatch data, the probability of a 25 basis point rate cut by the Fed in September is currently at ...
According to reports, the number of initial jobless claims in the US for the week will be announced tonight at 8:30, with an expected value of 23 and a previous value of 23.5. According to CME FedWatch data, the probability of a 25 basis point rate cut by the Fed in September is currently at 87.2% before the announcement of initial jobless claims, with a probability of maintaining rates at 12.8%.
The probability of the Fed maintaining rates until October is 6.2%, with a cumulative probability of a 25 basis point rate cut at 49% and a cumulative probability of a 50 basis point rate cut at 44.7%.
The next two FOMC meeting dates for the Fed are September 17 and October 29.
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Link: Initial Jobless Claims to be Announced Tonight at 8:30, Probability of Rate Cut in September Currently at 87.2% [Copy]
