The probability of the Fed cutting interest rates in September is 81.9%.

According to CME's "FedWatch": The probability of the Federal Reserve keeping rates unchanged in September is 18.1%, while the probability of a 25 basis point rate cut is 81.9%. In October, the probability of the Federal Reserve keeping rates unchanged is 8%, with a cumulative 25 basis point rate cut probability at 46.4% and a cumulative 50 basis point rate cut probability at 45.5%.