CME Group FedWatch shows 65% chance of a third Fed rate cut in December
|According to the CME Group FedWatch tool, traders of U.S. short-term interest-rate futures see about a 65% chance of a third Fed rate cut in December, as reported by Reuters.
- Traders see about a 32% chance of a Fed rate cut in June.
- Traders see about a 75% chance of a Fed rate cut in July.
- Traders see about a 65% chance of a second Fed rate cut in September.
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