The probability of the Federal Reserve cutting interest rates by 25 basis points in October has risen to 96.2%

ChainCatcher news, according to Jinshi reports, the CME "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 3.8%, while the probability of a 25 basis point rate cut has risen to 96.2%. In addition, the probability of maintaining interest rates in December is 0.7%, the cumulative probability of a 25 basis point rate cut is 21.9%, and the cumulative probability of a 50 basis point rate cut is 77.3%.