CME Fed Watch: The probability of a 50 basis point rate cut in September has slightly dropped to 43.5%

After the release of the US CPI, according to CME's "Fed Watch" data, the probability of the Fed cutting interest rates by 25 basis points in September is 56.5%, and the probability of cutting interest rates by 50 basis points is 43.5%. The probability of the Fed cutting interest rates by 50 basis points by November is 37%, the probability of cutting interest rates by 75 basis points is 48%, and the probability of cutting interest rates by 100 basis points is 15%.