The probability of the Federal Reserve cutting interest rates by 25 basis points in October is as high as 93%

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 7%, while the probability of a 25 basis point rate cut is 93%. In addition, the probability of the Federal Reserve maintaining interest rates in December is 1.3%, the cumulative probability of a 25 basis point rate cut is 22.5%, and the cumulative probability of a 50 basis point rate cut is 76.2%.