The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 94.1%.
Jinse Finance reported, according to CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged in October is 5.9%, while the probability of a 25 basis point rate cut is 94.6%. The probability that the Federal Reserve will keep interest rates unchanged in December is 0.9%, the cumulative probability of a 25 basis point rate cut is 19.0%, and the cumulative probability of a 50 basis point rate cut is 80.1%.
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