The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 96.4%.

According to CME "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 96.4%, while the probability of cutting by 50 basis points is 3.6%. The probability of the Federal Reserve cutting rates by a total of 25 basis points in October is 16.0%, by a total of 50 basis points is 81.0%, and by a total of 75 basis points is 3.0%.