The probability of the Federal Reserve cutting interest rates by 25 basis points in October has risen to 99.4%

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 0.6%, while the probability of a 25 basis point rate cut has risen to 99.4%. In addition, the probability of the Federal Reserve maintaining interest rates in December is 0.1%, the cumulative probability of a 25 basis point rate cut is 11%, and the cumulative probability of a 50 basis point rate cut is 89%.