Post #24453

After the release of the August ADP Employment Report and the initial jobless claims data for the current week, the probability of a Fed rate cut in September has reached 97.4%. According to CME's "FedWatch," after the release of the August ADP and initial jobless claims data for the week, the probability of a 25 basis point Fed rate cut in September is 97.4%, while the probability of a 50 basis point cut is 2.6%. 📱@Money📱Twitter