The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 97.3%.

Jinse Finance reported, according to CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged in October is 2.7%, while the probability of a 25 basis point rate cut is 97.3%. The probability that the Federal Reserve will keep interest rates unchanged in December is 0.1%, the cumulative probability of a 25 basis point rate cut is 5.7%, and the cumulative probability of a 50 basis point rate cut is 94.2%.