The probability of a Fed rate cut in September reaches 85.9%, with only a 14.1% chance of rates remaining unchanged

According to ChainCatcher, citing Jinshi News, CME's "FedWatch" tool indicates a 14.1% probability that the Federal Reserve will keep interest rates unchanged in September, and an 85.9% probability of a 25 basis point rate cut. Additionally, for October, there is a 5.2% probability of rates remaining unchanged, a 39.9% probability of a cumulative 25 basis point rate cut, and a 55.1% probability of a cumulative 50 basis point rate cut.