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Traders Still Expect Fed to Cut Rates in September After US PCE Data Release
Summary: Following the release of US PCE economic data, short-term interest rate futures narrowed earlier losses; traders still expect the Fed to cut rates in September. The current probability of a 25 basis point rate cut by the Fed in September is currently at 85.3%, with the probability of keeping rates unchanged at 14.7%.
Following the release of US PCE economic data, short-term interest rate futures narrowed earlier losses; traders still expect the Fed to cut rates in September. The current probability of a 25 basis point rate cut by the Fed in September is currently at 85.3%, with the probability of keeping rates unchanged at 14.7%.
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Link: Traders Still Expect Fed to Cut Rates in September After US PCE Data Release [Copy]
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Link: Traders Still Expect Fed to Cut Rates in September After US PCE Data Release [Copy]
