The probability of the Fed cutting interest rates this week is 95.9%

According to ChainCatcher, according to Kingshin, CME's "Feder Observation" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points this week is 95.9%, and the probability of cutting interest rates by 50 basis points is 4.1%. In addition, the probability of a cumulative interest rate cut of 25 basis points in October is 23.1%, the probability of a cumulative interest rate cut of 50 basis points is 73.8%, and the probability of a cumulative interest rate cut of 75 basis points is 3.1%.