RMB Interbank Rate Reports 7.1405, Down by 23 Points! Analysis Indicates Probability of Fed Keeping Interest Rate Unchanged at 9.3%, Lowering by 25 Basis Points at 90.7%

August 11, the RMB interbank rate reports 7.1405, down by 23 points.

The probability of the Fed lowering interest rates in September is 90.7%

According to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in September is 9.3%, and the probability of lowering by 25 basis points is 90.7%. The probability of keeping interest rates unchanged in October is 4.5%, and the cumulative probability of lowering by 25 basis points is 48.9%, while the cumulative probability of lowering by 50 basis points is 46.5%.

Source: Sina News