The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 96.4%.

Jinse Finance reported, according to CME "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 96.4%, and the probability of a 50 basis point cut is 3.6%. The probability of a cumulative 25 basis point rate cut by October is 16.0%, a cumulative 50 basis point cut is 81.0%, and a cumulative 75 basis point cut is 3.0%. (Golden Ten Data)