The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 97.8%.
According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 2.2%, while the probability of a 25 basis point rate cut is 97.8%. For December, the probability of keeping rates unchanged is 0%, the probability of a cumulative 25 basis point rate cut is 2.2%, and the probability of a cumulative 50 basis point rate cut is 96.7%.
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