The probability of the Fed cutting interest rates in September reaches 80%, with strong market expectations.

According to news from Hash Chain, after the Fed released the Consumer Price Index (CPI) data as expected, U.S. Treasury prices rose, and the dollar fell sharply against a basket of currencies. Market analysts have raised their expectations for a rate cut by the Fed in September. Data shows that U.S. Treasury yields across various maturities have generally dropped significantly, with the two-year U.S. Treasury yield leading the decline, falling 6 basis points to 3.71%. Traders have increased their bets on a rate cut by the Fed, anticipating over an 80% chance that the Fed will cut rates by 25 basis points at the meeting on September 17.

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