The probability of the Federal Reserve lowering interest rates by 25 basis points in October is 99%, and there are strong expectations for a rate cut in December

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of a 25 basis point rate cut by the Federal Reserve in October is 99%, and the probability of a 50 basis point cut is 1%. In addition, the probability of a cumulative 50 basis point rate cut by December is 94%, and the probability of a cumulative 75 basis point cut is 6%.