The probability of the Fed cutting interest rates by 25 basis points in September is 93.9%.

The probability of a 25 basis point cut in September is 93.9%, and the probability of a 50 basis point cut is 6.1%. The probability of a cumulative interest rate cut of 25 basis points in October is 7.6%, the probability of a cumulative interest rate cut of 50 basis points is 86.8%, and the probability of a cumulative interest rate cut of 75 basis points is 5.6%.