The probability of the Federal Reserve lowering interest rates in September is 97.3%, while the probability of maintaining the current rate is only 2.7%

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 2.7%, and the probability of a 25 basis point rate cut is 97.3%. In addition, the probability of maintaining interest rates in October is 1.2%, the cumulative probability of a 25 basis point rate cut is 42.7%, and the cumulative probability of a 50 basis point rate cut is 56.2%.