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beibi
@maobeibi
The possibility of the Federal Reserve cutting interest rates by 50 basis points next week due to the digestion of swap contracts has slightly increased. Previously, The Wall Street Journal reported that policymakers were considering whether to cut interest rates by 25 basis points or 50 basis points. The September OIS contract fell by about 3 basis points to an intraday low of around 5.04%, corresponding to a September meeting rate cut of about 28 basis points, moving towards the median of Wednesday's range; The corresponding rate cut as of Wednesday's close is 26 basis points. The bet on a rate cut within the year remains around 103 basis points, unchanged during the day. @srujireveal
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