BlockBeats news, on September 28, according to CME's "Fed Watch" data, the probability of the Fed cutting rates by 25 basis points in October is currently reported at 87.7%, while the probability of maintaining the interest rate is 12.3%. The cumulative probability of the Fed cutting rates by 50 basis points by December is currently reported at 65.4%, while the cumulative probability of a 25 basis point cut is 31.5%, and the probability of maintaining the interest rate is 3.1%. The next two FOMC meeting dates for the Fed are October 29 and December 10.

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