The probability of the Federal Reserve cutting interest rates in September is as high as 90.5%, while the probability of keeping the rates unchanged is only 9.5%

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 9.5%, while the probability of a 25 basis point rate cut is 90.5%. In addition, the probability of maintaining interest rates in October is 4.3%, the cumulative probability of a 25 basis point rate cut is 46.3%, and the cumulative probability of a 50 basis point rate cut is 49.3%.