The probability of the Federal Reserve cutting interest rates by 25 basis points in October has risen to 98.3%

ChainCatcher news, according to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%, while the probability of maintaining the current rate is 3.3%. In addition, the probability of a cumulative 50 basis points cut by the Federal Reserve in December is 94.8%.