The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 97.3%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 97.3%, while the probability of maintaining the current rate is 2.7%. In addition, the probability of a cumulative rate cut of 50 basis points in December is 95.5%, while the probability of a cumulative rate cut of 75 basis points has dropped to 0%.