There is an 89.1% probability that the Federal Reserve will cut interest rates by 25 basis points in September

According to CME "FedWatch" reported by Jinse Finance, there is a 10.9% probability that the Federal Reserve will keep interest rates unchanged in September, and an 89.1% probability of a 25 basis point rate cut. For October, there is a 3.4% probability that rates will remain unchanged, a 35.6% probability of a cumulative 25 basis point rate cut, and a 60.9% probability of a cumulative 50 basis point rate cut.