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Traders boost bets on Fed rate cut after Powell says policy may need adjusting

ReutersAug 22, 2025 2:05 PM

- Traders boosted bets on a Federal Reserve interest-rate cut next month after Fed Chair Jerome Powell said monetary policy may need adjusting given the shifting balance of risks.

Traders now put a nearly 90% probability on a Fed rate cut in September, versus about 75% before Powell's remarks.

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