The probability of the Federal Reserve lowering interest rates by 25 basis points in October is 94.1%, while the probability of keeping the rates unchanged is 5.9%

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 5.9%, and the probability of a 25 basis point rate cut is 94.6%. In addition, the probability of maintaining interest rates in December is 0.9%, the cumulative probability of a 25 basis point rate cut is 19%, and the cumulative probability of a 50 basis point rate cut is 80.1%.