Latest data shows that the Federal Reserve Board ( Fed ) may take action to cut interest rates in September. According to the CME's "FedWatch" tool analysis, the likelihood of the Fed maintaining the current interest rate level in September is only 12.6%, while the probability of a 25 basis point cut is as high as 87.4%.

This trend appears to continue into October. Data predictions show that by October, the probability of the Fed keeping the interest rate unchanged further declines to 5.6%. Meanwhile, the likelihood of a cumulative rate cut of 25 basis points is 45.8%, while the probability of a cumulative rate cut of 50 basis points reaches 48.6%.

These data reflect the market's strong expectation for the Fed to adopt an accommodative monetary policy. If this expectation comes to fruition, it will have far-reaching effects on the financial markets. Investors and economists are closely monitoring every move of the Fed to assess its potential impact on the global economy and investment environment.

However, it is worth noting that this data only represents current market expectations, and actual policy decisions will still depend on the Fed's interpretation of economic data and the trade-offs of policy objectives. Economic indicators in the coming weeks will become key factors influencing the final decision.