On October 1, according to CME's "Fed Watch" data, despite the impending government shutdown in the United States, the probability of the CME predicting a 25 basis point rate cut by the Fed in October has increased to 96.7%, while the probability of no rate cut has fallen to 3.3%.
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Unaffected by the US government shutdown, the probability of a Fed rate cut in October on the CME has risen to 96.7%.
On October 1, according to CME's "Fed Watch" data, despite the impending government shutdown in the United States, the probability of the CME predicting a 25 basis point rate cut by the Fed in October has increased to 96.7%, while the probability of no rate cut has fallen to 3.3%.