The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 91.9%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 8.1%, and the probability of a 25 basis point rate cut is 91.9%. In addition, the probability of the Federal Reserve keeping interest rates unchanged in December is 0.7%, the cumulative probability of a 25 basis point rate cut is 15.4%, and the cumulative probability of a 50 basis point rate cut is 83.9%.