The probability of the Fed lowering interest rates by 25 basis points in October is 89.3%.

On September 29, according to CME's "Fed Watch": The probability of the Fed maintaining interest rates in October is 10.7%, and the probability of a 25 basis point rate cut is 89.3%. The probability of the Fed maintaining interest rates in December is 2.9%, the cumulative probability of a 25 basis point rate cut is 32.2%, and the cumulative probability of a 50 basis point rate cut is 64.9%.