The probability of a Fed rate cut in September is 75%

The probability for the Federal Reserve to maintain current interest rates in September stands at 25%. In contrast, there is a 75% chance of a 25 basis point cut.

For October, the probabilities show a 13.3% chance of unchanged rates, with cumulative probabilities of a 25 basis point and 50 basis point cut at 51.5% and 35.3%, respectively.