The probability of the Federal Reserve cutting interest rates in September is as high as 99.4%, while the probability of maintaining the current rate is only 0.6%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 0.6%, while the probability of a 25 basis point rate cut is 99.4%. In addition, the probability of maintaining interest rates in October is 0.3%, with a cumulative probability of a 25 basis point rate cut at 44.5% and a cumulative probability of a 50 basis point rate cut at 55.3%.