According to BlockBeats, on September 18, before the Federal Reserve’s interest rate meeting, CME’s “Fed Watch” predicted that the probability of a 50 basis point rate cut in September was 61% (62% a day ago), and the probability of a 25 basis point rate cut was 39%.
Earlier news, financial institutions including Bank of America, Goldman Sachs, Morgan Stanley, Barclays and Citigroup have predicted that the Federal Reserve will cut interest rates by 25 basis points tonight.