The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 96.4%

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 this week is 96.4%, and the probability of a 50 basis point cut is 3.6%. In addition, the probability of a cumulative 25 basis point cut in October is 16%, the probability of a cumulative 50 basis point cut is 81%, and the probability of a cumulative 75 basis point cut is 3%.