It is a 92.9% probability the Fed will cut rates next week (Sep 17) by up to 50 basis points.
There is now also a 86% probability they will cut rates again at their next meeting Oct 29 by another 25 basis points AND,
a 80% probability they will cut them a THIRD time at their Dec 10 meeting by another 25 basis points!
SEE the Fed Watch Data HERE:
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html