The probability of the Federal Reserve cutting interest rates by 25 basis points in October is as high as 89.3%

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 10.7%, and the probability of a 25 basis point rate cut is 89.3%. In addition, the probability of the Federal Reserve keeping interest rates unchanged in December is 2.9%, the cumulative probability of a 25 basis point rate cut is 32.2%, and the cumulative probability of a 50 basis point rate cut is 64.9%.