The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 93.9%.

According to CME "Fed Watch": The probability of the Fed cutting rates by 25 basis points in September is 93.9%, while the probability of a 50 basis point cut is 6.1%. The probability of the Fed cutting rates by 25 basis points in October is 7.6%, while the probability of a 50 basis point cut is 86.8%, and the probability of a 75 basis point cut is 5.6%.