i think the amount of this cut will surprise many

According to BlockBeats, the probability of the Federal Reserve cutting interest rates by 50 basis points in September has increased to 8% on Polymarket, while the likelihood of a 25 basis point cut has decreased to 79%. The chance of no rate cut stands at 12%.

Additionally, data from CME's 'FedWatch' indicates a 4.2% probability of a 50 basis point rate cut and a 95.8% probability of a 25 basis point cut by the Federal Reserve in September.