The probability of a 25 basis points interest rate cut by the Federal Reserve in October is 97.8%.

BlockBeats News, October 13th, according to CME’s “FedWatch”: The probability of the Fed maintaining interest rates in October is 2.2%, and the probability of a 25 basis point rate cut is 97.8%.

The probability of the Fed maintaining interest rates in December is 0%, the cumulative probability of a 25 basis point rate cut is 2.2%, and the cumulative probability of a 50 basis point rate cut is 96.7%.