The probability of the Federal Reserve cutting rates in September is 90.7%

PANews, August 11 - According to CME's "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged in September is 9.3%, and the probability of a 25 basis point rate cut is 90.7%. The probability that the Federal Reserve will keep interest rates unchanged in October is 4.5%, the cumulative probability of a 25 basis point rate cut is 48.9%, and the cumulative probability of a 50 basis point rate cut is 46.5%.