The probability of the Federal Reserve cutting interest rates in September is 84.1%.

According to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged in September is 15.9%, while the probability of a 25 basis point rate cut is 84.1%. The probability of the Fed keeping interest rates unchanged in October is 7.6%, with a cumulative 25 basis point rate cut probability of 48.4% and a cumulative 50 basis point rate cut probability of 44.1%.