The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting rates by 25 basis points in October is 98.3%, while the probability of keeping rates unchanged is 1.7%. In addition, the probability of a cumulative rate cut of 50 basis points by December is 93.4%.