The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 87.7%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 12.3%, while the probability of a 25 basis point rate cut is 87.7%. Additionally, the probability of the Federal Reserve maintaining interest rates in December is 1.1%, the cumulative probability of a 25 basis point rate cut is 19%, and the cumulative probability of a 50 basis point rate cut is 79.9%.