CME: The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 63%

According to Jinshi Data on August 29, CME's "Fed Watch" data showed that the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 63%, and the probability of cutting interest rates by 50 basis points is 37%.

The probability that the Federal Reserve will cut interest rates by 50 basis points by November is 41.4%, the probability of a cumulative cut of 75 basis points is 45.9%, and the probability of a cumulative cut of 100 basis points is 12.7%.