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Traders see a 50% chance that the Federal Reserve will cut interest rates by 50% this month.

Traders see a 50% chance that the Federal Reserve will cut interest rates this month.

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Non-farm payroll growth rebounded slightly in August, and the Federal Reserve is expected to cut interest rates, but the extent of the rate cut remains unclear

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Interest rate futures traders expect a roughly 55% chance that the Fed will cut rates by 50 basis points in September.

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