On June 24, according to CME's "The Federal Reserve (FED) Watch" data, the probability of a 25 basis point rate cut by the Federal Reserve in July is 20.7%, while the probability of maintaining the current rate is 79.3%. Earlier reports indicated that at 2 a.m. on June 24, Federal Reserve Governor Goolsbee stated, "If the impact of trade policy disappears, we should continue to cut rates."
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
The probability of the Federal Reserve lowering interest rates by 25 basis points in July has risen to 20.7%.
On June 24, according to CME's "The Federal Reserve (FED) Watch" data, the probability of a 25 basis point rate cut by the Federal Reserve in July is 20.7%, while the probability of maintaining the current rate is 79.3%. Earlier reports indicated that at 2 a.m. on June 24, Federal Reserve Governor Goolsbee stated, "If the impact of trade policy disappears, we should continue to cut rates."