The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%

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 1.7%, and the probability of a 25 basis point rate cut is 98.3%. The probability of the Federal Reserve keeping interest rates unchanged in December is 0%, the cumulative probability of a 25 basis point rate cut is 4.5%, and the cumulative probability of a 50 basis point rate cut is 95.5%.