The probability of the Fed cutting interest rates by 25 basis points in September is 55%.
According to the CME "Fed Watch", the probability of the Fed cutting interest rates by 25 basis points in September is 55.0%, and the probability of cutting interest rates by 50 basis points is 45.0%. The probability of the Fed cutting interest rates by a total of 50 basis points in November is 32.1%, the probability of a total of 75 basis points is 49.2%, and the probability of a total of 100 basis points is 18.8%.