The probability of the Federal Reserve cutting interest rates in September is as high as 96.6%, while the probability of maintaining the current rate is only 3.4%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 3.4%, while the probability of a 25 basis point rate cut is 96.6%. In addition, the probability of maintaining interest rates in October is 1.6%, the cumulative probability of a 25 basis point rate cut is 46.8%, and the cumulative probability of a 50 basis point rate cut is 51.6%.