The probability of the Federal Reserve cutting interest rates in September is 94.4%.

According to CME "Fed Watch": The probability of the Fed maintaining interest rates in September is 5.6%, while the probability of a 25 basis point rate cut is 94.4%. The probability of the Fed maintaining interest rates in October is 1.6%, with a cumulative 25 basis point rate cut probability of 30.8% and a cumulative 50 basis point rate cut probability of 67.6%.