The probability of the Federal Reserve cutting interest rates in September is 84.6%.

According to CME's "FedWatch": The probability of the Federal Reserve maintaining interest rates in September is 15.4%, while the probability of a 25 basis point rate cut is 84.6%. The probability of the Federal Reserve keeping interest rates unchanged in October is 6%, with a cumulative probability of a 25 basis point rate cut at 42.4% and a cumulative probability of a 50 basis point rate cut at 51.5%.