The market increases bets on the Federal Reserve cutting interest rates three times this year

ChainCatcher news, according to Jinshi reports, the CME "Fed Watch" shows that the probability of a 25 basis point rate cut by the Federal Reserve in October is 96.3%, and the probability of a 50 basis point cut is 3.7%. The probability of a cumulative 25 basis point cut by the Federal Reserve in December is 0%, the probability of a cumulative 50 basis point cut is 85%, the probability of a cumulative 75 basis point cut is 14.6% (yesterday's probability was 0%), and the probability of a cumulative 100 basis point cut is 0.4%.