After the initial unemployment claims figures were released, the probability of a rate cut in September is now at 87.3%.

BlockBeats News, August 28th, according to CME's "FedWatch" data, after the initial jobless claims were announced, the probability of a 25 basis point rate cut by the Fed in September is currently at 87.3%, with a probability of no rate change at 12.7%.

Earlier reports indicated that the initial jobless claims in the United States for the week ending on August 23rd were 229,000, with an expectation of 230,000. The prior value was revised from 235,000 to 234,000.