The probability of the Fed cutting interest rates by 25 basis points in September is 67%.

According to CME's "Fed Watch" data, the probability of the Fed cutting interest rates by 25 basis points in September is 67%, and the probability of cutting interest rates by 50 basis points is 33%. The probability of the Fed cutting interest rates by 50 basis points by November is 45.2%, the probability of cutting interest rates by 75 basis points is 44.1%, and the probability of cutting interest rates by 100 basis points is 10.8%.