On August 3, according to CME’s “FedWatch” data, the probability of the Federal Reserve lowering interest rates by 25 basis points in September is 78%, while the probability of a 50 basis point cut is 22%. The probability of the Federal Reserve cumulatively lowering rates by 25 basis points by November is 3.7%, the probability for a cumulative cut of 50 basis points is 75.3%, and the probability for a cumulative cut of 75 basis points is 21%
