Traders see a chance the Fed cuts by a half point
CNBCยท2025-09-08 18:27
Traders are leaving open the option that the Federal Reserve next week could cut its key interest rate by half a percentage point, though most on Wall Street think the bar for doing so is pretty high.In the most likely scenario being priced in by markets, the Fed on Sept. 17 will lower the overnight funds rate by 25 basis points, or 0.25 percentage point. Odds for a quarter-point cut were around 88% Monday afternoon, according to the CME Group's FedWatch tool that measures odds of Fed action based on 30-day ...