[The Probability of a Fed Rate Cut in September Reaches 90.5%] According to CME 'FedWatch' data, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 90.5%, while the probability of maintaining rates unchanged is 9.5%. The probability of a cumulative 25 basis point rate cut in October is 46.3%, and the probability of a cumulative 50 basis point rate cut is 49.3%.