After the release of the US CPI: The probability of the Federal Reserve cutting interest rates by 25 basis points in September rises to 85%

ChainCatcher news, according to CME's "Fed Watch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 85%, and the probability of a 50 basis point cut is 15% (before the CPI announcement, these were 71% and 29%, respectively).

The probability of the Federal Reserve cumulatively cutting rates by 50 basis points by November is 43.8%, the probability of a cumulative 75 basis point cut is 48.9%, and the probability of a cumulative 100 basis point cut is 7.3% (before the CPI announcement, these were 27%, 55%, and 18%, respectively). (Jin Shi)