The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 91.9%.

According to CME's "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 1.5%, the probability of a cumulative 25 basis point rate cut is 24.1%, and the probability of a cumulative 50 basis point rate cut is 74.4%.