The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%.
According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 1.7%, while the probability of a 25 basis point rate cut is 98.3%. The probability of the Federal Reserve keeping interest rates unchanged in December is 0.1%, with a cumulative probability of a 25 basis point rate cut at 8.1%, and a cumulative probability of a 50 basis point rate cut at 91.7%.
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