The probability of the Federal Reserve cutting interest rates by 25 basis points this week reaches 95.9%

ChainCatcher news, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points this week is 95.9%, and the probability of a 50 basis point cut is 4.1%. In addition, the probability of a cumulative 25 basis point rate cut by October is 23.1%, a cumulative 50 basis point rate cut is 73.8%, and a cumulative 75 basis point rate cut is 3.1%.