There is an 85.9% probability that the Federal Reserve will cut interest rates in September

According to CME "FedWatch" reported by Jinse Finance, there is a 14.1% probability that the Federal Reserve will keep interest rates unchanged in September, and an 85.9% probability of a 25 basis point rate cut. For October, there is a 5.2% probability that rates will remain unchanged, a 39.9% probability of a cumulative 25 basis point rate cut, and a 55.1% probability of a cumulative 50 basis point rate cut.