After the release of the US PCE data, traders still expect the Fed to cut interest rates in September.
BlockBeats News, August 29th: Following the release of the U.S. PCE economic data, short-term interest rate futures narrowed earlier losses; traders still expect the Fed to cut rates in September.
The current probability of a 25 basis point rate cut by the Fed in September is currently at 85.3%, with the probability of unchanged rates at 14.7%.
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