The probability of the Fed cutting interest rates by 25 basis points in September is 69%.

According to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points in September is 69%, and the probability of cutting interest rates by 50 basis points is 31%. The probability of the Fed cutting interest rates by 50 basis points by November is 50%, the probability of cutting interest rates by 75 basis points is 41.5%, and the probability of cutting interest rates by 100 basis points is 8.5%. (Jinshi)