Before the release of the U.S. CPI: The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 71%

According to ChainCatcher news, data from CME's "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 71%, while the probability of a 50 basis point cut is 29%. The probability of the Federal Reserve cumulatively cutting rates by 50 basis points by November is 27%, the probability of a cumulative 75 basis point cut is 55%, and the probability of a cumulative 100 basis point cut is 18%. (Jin Shi)