The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.9%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.9%, while the probability of maintaining the current rate is 1.1%. In addition, the probability of the Federal Reserve cumulatively cutting rates by 50 basis points in December is 98.7%, and the probability of a cumulative cut of 75 basis points is 0.2%.