After the release of CPI data, the market expects the probability of the Federal Reserve cutting interest rates by 25 basis points in September to rise to 87%.

BlockBeats reported that on September 11, according to CME’s “Fed Watch” data, the market currently expects the probability of the Fed cutting interest rates by 25 basis points in September to be 87% (up 16% from before the announcement), and the probability of a 50 basis point cut is 29%.