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Probability of Fed cutting interest rates by 25 basis points in October rises to 96.2%

Summary: According to Jinshi's report, CME's 'Fed Watch' shows that the probability of the Fed maintaining interest rates in October is 3.8%, while the probability of a 25 basis point rate cut has risen to 96.2%. In addition, the probability of the Fed maintaining interest rates in December is 0.7%, with a cumulative probability of a ...

According to Jinshi's report, CME's 'Fed Watch' shows that the probability of the Fed maintaining interest rates in October is 3.8%, while the probability of a 25 basis point rate cut has risen to 96.2%. In addition, the probability of the Fed maintaining interest rates in December is 0.7%, with a cumulative probability of a 25 basis point rate cut at 21.9% and a cumulative probability of a 50 basis point rate cut at 77.3%.

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