The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 99.5%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 99.5%, while the probability of keeping rates unchanged is 0.5%. In addition, the probability of the Federal Reserve cumulatively cutting rates by 50 basis points in December is 91.6%.