The probability of the Federal Reserve cutting interest rates in September is 45.7%

According to CME's "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged in September is 54.3%, while the probability of a 25 basis point rate cut is 45.7%. In October, the probability of the Federal Reserve keeping interest rates unchanged is 34.6%, the cumulative probability of a 25 basis point rate cut is 48.8%, and the cumulative probability of a 50 basis point rate cut is 16.6%.