Before the release of CPI data, the probability of the Federal Reserve cutting interest rates by 50 basis points in September was 33%.

The US August CPI inflation report will be released at 8:30 Beijing time tonight. Before that, according to the CME Federal Reserve, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67%, and the probability of cutting interest rates by 50 basis points is 33%.