The probability of the Federal Reserve cutting interest rates in September is as high as 97.6%, while the probability of keeping rates unchanged is only 2.4%

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 2.4%, while the probability of a 25 basis point rate cut is 97.6%. In addition, the probability of maintaining interest rates in October is 1.1%, with a cumulative probability of a 25 basis point rate cut at 46.7% and a cumulative probability of a 50 basis point rate cut at 52.1%.