The probability of the Federal Reserve cutting interest rates in September is 89.1%.

According to CME's "FedWatch": The probability of the Federal Reserve keeping interest rates unchanged in September is 10.9%, while the probability of a 25 basis point rate cut is 89.1%. The probability of the Federal Reserve keeping interest rates unchanged in October is 3.4%, with a cumulative 25 basis point rate cut probability of 35.6% and a cumulative 50 basis point rate cut probability of 60.9%.