The probability of the Federal Reserve lowering interest rates by 25 basis points in October is 91.1%.

According to CME "Fed Watch": the probability of the Fed keeping interest rates unchanged in October is 8.1%, and the probability of a 25 basis point rate cut is 91.9%. The probability of the Fed keeping interest rates unchanged in December is 1%, with a cumulative 25 basis point rate cut probability of 18.5% and a cumulative 50 basis point rate cut probability of 80.5%.