The probability of a Fed rate cut in September is 84.6%

BlockBeats News, August 18th, according to CME's "FedWatch Tool," the probability of the Fed holding interest rates steady in September is 15.4%, and the probability of a 25 basis point rate cut is 84.6%.

The probability of the Fed holding interest rates steady in October is 6%, the cumulative probability of a 25 basis point rate cut is 42.4%, and the cumulative probability of a 50 basis point rate cut is 51.5%.