According to ChainCatcher, according to CME's "Fed Watch" data, the probability of the Fed cutting interest rates by 25 basis points in September is 85%, and the probability of cutting interest rates by 50 basis points is 15% (71% and 29% respectively before the CPI was released).

The probability of the Fed cutting interest rates by 50 basis points by November is 43.8%, the probability of cutting interest rates by 75 basis points is 48.9%, and the probability of cutting interest rates by 100 basis points is 7.3% (27%, 55%, and 18% respectively before the CPI was released). (Jinshi)