The probability of the Federal Reserve cutting interest rates by 25 basis points in October rises to 96.2%.
ChainCatcher news, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged 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 keeping rates unchanged in December is 0.7%, the cumulative probability of a 25 basis point rate cut is 21.9%, and the cumulative probability of a 50 basis point rate cut is 77.3%.
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