According to CME's "FedWatch": The probability of the Federal Reserve maintaining the interest rate in September is 15.4%, and the probability of a 25 basis point rate cut is 84.6%. The probability of the Federal Reserve maintaining the interest rate 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%.
What do you think?