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The probability of the Federal Reserve cutting interest rates in September is close to 70%.

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2025-07-16 15:51:20
Trump hinted that he would fire Federal Reserve Chairperson Powell. According to CME "Fed Watch" data, the probability of the Federal Reserve maintaining interest rates unchanged in July is 95.3%, and the probability of cutting interest rates by 25 basis points is 4.7%. The probability of the Federal Reserve maintaining interest rates unchanged in September fell to 32%, the probability of a cumulative 25 basis point cut was 64.9%, and the probability of a cumulative 50 basis point cut was 3.1%.
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