ChainCatcher News, U.S. short-term interest rate futures rose as traders believe the likelihood of a Federal Reserve rate cut has increased. Traders have increased their bets on a rate cut by the Federal Reserve in December.

ChainCatcher News, U.S. interest rate futures price in a 67 basis point rate cut by the Federal Reserve in 2025.

ChainCatcher news, according to Jinshi reports, interest rate futures indicate an increased likelihood of the Federal Reserve cutting rates by 25 basis points in November, December, and 2025.

ChainCatcher news, short-term interest rate futures traders believe that the Federal Reserve is more likely to cut rates by 25 basis points in November rather than 50 basis points. (Jin Ten)

ChainCatcher news, according to Jinshi reports, U.S. interest rate futures rose after the speech by Federal Reserve Governor Waller, currently pricing in a 50 basis point rate cut by the Fed in September.

ChainCatcher news, according to Jinshi reports, interest rate futures traders expect the probability of the Federal Reserve cutting interest rates by 50 basis points in September to be about 33%, an increase compared to before Powell's speech.