CME "Fed Watch": The probability of the Federal Reserve cutting interest rates in September is 100%

According to ChainCatcher news, the CME "FedWatch" indicates that the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 90.5%, and the probability of a 50 basis points cut is 9.5%.

The probability of the Federal Reserve cumulatively cutting rates by 25 basis points by November is 21.7%, the probability of a cumulative 50 basis points cut is 71.1%, and the probability of a cumulative 75 basis points cut is 7.2%.