Before the FOMC statement, the probability of the Federal Reserve cutting interest rates by 25 and 50 basis points at this meeting was 93.7% and 6.3%, respectively

ChainCatcher news, according to CME's "Fed Watch," the probability of the Federal Reserve keeping interest rates unchanged tonight is 0%, the probability of a 25 basis point rate cut is 93.7%, and the probability of a 50 basis point rate cut is 6.3%.

The probability of a cumulative 25 basis point rate cut by the Federal Reserve in October is 25.6%, the probability of a cumulative 50 basis point rate cut is 69.8%, and the probability of a cumulative 75 basis point rate cut is 4.6%. The probability of a cumulative 25 basis point rate cut by the Federal Reserve in December is 1.7%, the probability of a cumulative 50 basis point rate cut is 28.6%, the probability of a cumulative 75 basis point rate cut is 65.4%, and the probability of a cumulative 100 basis point rate cut is 4.3%. (Jin Shi)