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Before the announcement of CPI, the probability of the Federal Reserve cutting interest rates by 50 basis points in September is 8%.

Source: BlockBeats
According to BlockBeats, on September 11, according to CME's "Feder Observation": the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 92%, and the probability of a 50 basis points cut is 8%. The probability of the Fed's cumulative interest rate cut of 25 basis points in October is 21.2%, the probability of a cumulative interest rate cut of 50 basis points is 72.6%, and the probability of a cumulative interest rate cut of 75 basis points is 6.2%.
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