The probability of a Fed rate cut in September has decreased to 71.5%.

BlockBeats News, August 22nd, according to CME's "FedWatch" tool, the probability of the Fed keeping interest rates unchanged in September is 28.5%, while the probability of a 25 basis point rate cut is 71.5% (down from 82.4% yesterday).

Earlier reports indicated that the initial jobless claims in the U.S. for the week ending August 16th were 235,000, with an expectation of 225,000 and a previous value of 224,000.