The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 89.6%.

CME FedWatch data shows that the probability of the Fed maintaining interest rates in August is 93.3%, while the probability of a 25 basis point rate cut is 6.7%. The probability of the Fed maintaining interest rates in September is 0%, with a cumulative probability of a 25 basis point rate cut at 89.6%, a cumulative probability of a 50 basis point rate cut at 10.2%, and a cumulative probability of a 75 basis point rate cut at 0.3%.