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The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 89.8%.
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Jinse Finance reported, according to CME "FedWatch": The probability that the Federal Reserve will keep rates unchanged in October is 10.2%, while the probability of a 25 basis point rate cut is 89.8%. The probability that the Federal Reserve will keep rates unchanged in December is 1.7%, with a cumulative probability of a 25 basis point rate cut at 23.1%, and a cumulative probability of a 50 basis point rate cut at 75.3%.
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