After the release of the US CPI, the probability of the Federal Reserve cutting interest rates in September has risen to 90.1%

According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in September is 9.9%, and the probability of cutting interest rates by 25 basis points is 90.1%. The probability of the Federal Reserve keeping interest rates unchanged in October is 3.0%, the probability of a cumulative 25 basis point rate cut is 33.6%, and the probability of a cumulative 50 basis point rate cut is 63.5%.