Market expectations for the Federal Reserve’s upcoming decisions on interest rates are starting to crystallize. According to BlockBeats, the CME Group’s FedWatch Tool reveals key probabilities for September and October. The prevailing view is that the Federal Reserve will likely maintain its current interest rate levels in September, with a 17.5% probability according to the tool. There’s an even greater likelihood of a 25 basis point rate cut in September, at an impressive 82.5%. Looking forward to October, there’s a 6.5% chance that rates will remain unchanged, followed by a cumulative 25 basis point rate cut at 41.5% and a 50 basis point reduction, projected at 52.0%.