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The probability that the FRB will lower interest rates by 50 basis points in September is 56.5%.

The probability that the FRB will lower interest rates by 50 basis points in September is 56.5%.
[According to the CME "Fed Watch," the Federal Reserve is reported to have a 43.5% probability of lowering interest rates by 25 basis points in September, and a 56.55% probability of a 50 bp rate cut. The probability that the FRB will lower interest rates by a cumulative 50 basis points by November is 28.2%, by 75 basis points is 51.9%, and by 100 basis points is a cumulative 19.9%]
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