BlockBeats News, September 15th, according to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points this week is 96.4%, and the probability of a 50 basis point cut is 3.6%.
The probability of a cumulative 25 basis point rate cut by the Fed in October is 16.0%, a cumulative 50 basis point cut is 81.0%, and a cumulative 75 basis point cut is 3.0%.