The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 97.8%
According to online reports, according to CME's "Federal Reserve Observation": The probability of the Federal Reserve keeping interest rates unchanged in October is 2.2%, and the probability of cutting interest rates by 25 basis points is 97.8%. The probability of the Federal Reserve keeping interest rates unchanged in December is 0%, the probability of a cumulative interest rate cut by 25 basis points is 2.2%, and the probability of a cumulative interest rate cut by 50 basis points is 96.7%. (Jin Shi)
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