The probability of a 25 basis point interest rate cut by the Federal Reserve this week is 96.1%.

BlockBeats News, September 17th, according to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points this week is 96.1%, and the probability of a 50 basis point cut is 3.9%.

The probability of a cumulative 25 basis point rate cut by the Fed in October is 20.1%, a cumulative 50 basis point cut is 76.8%, and a cumulative 75 basis point cut is 3.1%. (FX168)