The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 96.1%

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 96.1%, and the probability of a 50 basis point cut is 3.9%. In addition, the probability of a cumulative cut of 25 basis points in October is 20.1%, the probability of a cumulative cut of 50 basis points is 76.8%, and the probability of a cumulative cut of 75 basis points is 3.1%.