The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 94.3%.

According to CME's "FedWatch": the probability of the Fed keeping interest rates unchanged in September is 0%, the probability of a 25 basis point rate cut is 94.3%, and the probability of a 50 basis point rate cut is 5.7%. The probability of the Fed keeping interest rates unchanged in October is 0%, the cumulative probability of a 25 basis point rate cut is 31.8%, the cumulative probability of a 50 basis point rate cut is 64.4%, and the cumulative probability of a 75 basis point rate cut is 3.8%.