Latest data shows that the Federal Reserve (referred to as Fed) may take action to cut interest rates in September this year. According to market expectations, the probability of the Fed cutting rates by 25 basis points in September is as high as 94.4%, while the likelihood of maintaining the interest rate is only 5.6%.

This trend seems likely to continue into October. Analysis shows that the probability of the Fed keeping interest rates unchanged in October has dropped to 1.6%. In contrast, the probability of a cumulative rate cut of 25 basis points is 30.8%, while the probability of a cumulative rate cut of 50 basis points has reached 67.6%.

These data reflect the strong expectation of the market for a shift in the Fed's monetary policy. If these predictions come true, it would mark a significant change in the Fed's recent monetary policy. This potential interest rate cut could have far-reaching effects on global financial markets, including potential stimulation of the stock, bond, and cryptocurrency markets.

However, it is worth noting that these figures only represent current market expectations, and the actual policy decisions still depend on the Fed's assessment of economic data and overall economic conditions. Investors and economists will closely monitor the upcoming economic indicators and speeches from Fed officials for more clues regarding the future direction of monetary policy.