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Less than ten days after the Fed's September interest rate meeting, traders began betting on October rate cuts

Source: BlockBeats
According to BlockBeats, on September 8, less than ten days after the Federal Reserve's September interest rate meeting, current market traders bet that the Federal Reserve has a high probability of lowering interest rates in September, and the probability of lowering interest rates in October has increased simultaneously. According to CME's "Federal Observation" data, the probability of the Fed not cutting interest rates in September is 0, and the probability of a 25 basis point cut is 90%. This probability is reported at 87% on Polymarket. In addition, traders began betting on a rate cut in October. CME data shows that if the Fed cut interest rates in September, the probability of another 25 basis points in October is 71.6%, a significant increase from last week's 48%.
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