Unaffected by the U.S. Government Shutdown, CME's Fed October Rate Cut Probability Rises to 96.7%

BlockBeats News, October 1st, according to CME’s “FedWatch” data, despite the impending U.S. government shutdown, the probability of a 25 basis-point interest rate cut by the Fed in October on CME has risen to 96.7%, while the probability of no rate cut has fallen to 3.3%.