Probability of 50 bps rate cut in September falls to 37% after US ADP employment data in August
Bitget2024/09/05 16:03
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Today, 5 September, after the release of US August ADP employment data, the probability of a 50 basis point rate cut by the Federal Reserve in September fell from 45% to 37%, and the probability of a 25 basis point rate cut was 63%, according to the CME's ‘FedWatch’ data.
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