Today's CME "Federal Observation" data: The probability of a 25 basis point cut this week is 96.4%

Huobi HTX reported that today's CME's "Feder Observation" data showed that the probability of the Federal Reserve cutting interest rates by 25 basis points this week is 96.4%, and the probability of cutting interest rates by 50 basis points is 3.6%. The probability of the Fed's cumulative interest rate cut of 25 basis points in October is 16.0%, the probability of a cumulative interest rate cut of 50 basis points is 81.0%, and the probability of a cumulative interest rate cut of 75 basis points is 3.0%.