The probability of the Federal Reserve cutting interest rates by 50 basis points in September has risen

According to the CME "Fed Watch", the probability of the Fed cutting interest rates by 25 basis points in September is 78%, and the probability of cutting interest rates by 50 basis points is 22%. The probability of the Fed cutting interest rates by a total of 50 basis points by November is 29.1%, the probability of a total of 75 basis points is 57.1%, and the probability of a total of 100 basis points is 13.8%.