The probability of the Federal Reserve cutting interest rates by 25 basis points in September reaches 92%, analysis of the probability of a rate cut in October

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 92%, and the probability of a 50 basis points cut is 8%. In addition, the cumulative probability of a 25 basis points cut in October is 21.2%, the cumulative probability of a 50 basis points cut is 72.6%, and the cumulative probability of a 75 basis points cut is 6.2%.