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The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 87.7%

Source: ChainCatcher
According to ChainCatcher, according to Kingshin, CME's "Feder Observation" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 12.3%, and the probability of a 25 basis point cut is 87.7%. In addition, the probability of the Federal Reserve keeping interest rates unchanged in December is 1.1%, the probability of a cumulative interest rate cut of 25 basis points is 19%, and the probability of a cumulative interest rate cut of 50 basis points is 79.9%.
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