There is a 94.3% probability that the Federal Reserve will cut interest rates by 25 basis points in September

According to CME "FedWatch" reported by Jinse Finance: the probability that the Federal Reserve will keep rates unchanged in September is 0%, the probability of a 25 basis point rate cut is 94.3%, and the probability of a 50 basis point rate cut is 5.7%. For October, the probability of keeping rates unchanged is 0%, the cumulative probability of a 25 basis point rate cut is 31.8%, the cumulative probability of a 50 basis point rate cut is 64.4%, and the cumulative probability of a 75 basis point rate cut is 3.8%.