After the release of the US CPI, the probability of the Federal Reserve cutting interest rates in September rose to 90.1%

According to news from HashiChain, CME's "FedWatch" data shows that after the US CPI data was released, the probability of the Federal Reserve keeping interest rates unchanged in September was only 9.9%, while the chance of a 25 basis point cut increased to 90.1%. For the Federal Reserve's interest rate decision in October, the probability of maintaining the current rate is 3.0%, while the cumulative possibility of a 25 basis point and 50 basis point cut is 33.6% and 63.5%, respectively.