The probability of the Federal Reserve cutting rates in September is 84.6%

BlockBeats news, on August 18, according to CME's 'FedWatch', the probability of the Federal Reserve keeping interest rates unchanged in September is 15.4%, and the probability of a 25 basis point rate cut is 84.6%.

The probability of the Federal Reserve keeping interest rates unchanged in October is 6%, the cumulative probability of a 25 basis point rate cut is 42.4%, and the cumulative probability of a 50 basis point rate cut is 51.5%.