The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 97.3%.
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According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in October is 2.7%, while the probability of a 25 basis point rate cut is 97.3%. The probability of the Federal Reserve keeping rates unchanged in December is 0.1%, with a cumulative probability of a 25 basis point rate cut at 6.4% and a cumulative probability of a 50 basis point rate cut at 93.5%.
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