The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 85.5%.
According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 14.5%, while the probability of a 25 basis point rate cut is 85.5%. The probability of the Federal Reserve keeping rates unchanged in December is 4.3%, with a cumulative probability of a 25 basis point rate cut at 35.4%, and a cumulative probability of a 50 basis point rate cut at 60.4%.
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