Before the CPI data is released, the probability of the Federal Reserve cutting interest rates by 50 basis points in September is reported to be 33%
The U.S. August CPI inflation report will be released at half past eight tonight Singapore time. Prior to this, according to CME Federal Reserve Watch, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67%, and the probability of a 50 basis point cut is 33%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Euro holds near three-month highs as Eurozone Flash PMIs beat expectations
New Zealand Dollar: Extreme shorts face a high bar for further losses – MUFG
SEGRO leases 1,404 sq m Barnsteen 11 unit at SEGRO Park Amsterdam Airport to Nacex
Gravitics (GVTX.US), an orbital system developer, sets IPO pricing at $14-17 per share and plans to raise $125 million.
Gravitics Holdings, which specializes in the development of large-scale space structures and orbital systems, plans to issue 8.1 million shares at a price range of $14 to $17 per share to raise $125 million.
Crypto prices
More
