The probability of the Federal Reserve lowering interest rates in September is 75%

According to news from HashKey, data from CME's "FedWatch" indicates that there is a 75% chance of the Federal Reserve lowering rates by 25 basis points in September, while the probability of keeping the rates unchanged is 25%. As for October, the probability of keeping rates unchanged is 13.3%, the cumulative probability of a 25 basis point rate cut rises to 51.5%, and the probability of a cumulative 50 basis point cut is 35.3%.