ChainCatcher news, according to Jinshi reports, the Federal Reserve's dot plot shows that among 19 officials, 2 officials believe that there should be no further rate cuts in 2024 after this meeting, 7 officials believe that there should be a 25 basis point cut in 2024, 9 officials believe that there should be a 50 basis point cut in 2024, and 7 officials believe that there should be a 75 basis point cut in 2024.

ChainCatcher news, according to CME's "Fed Watch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 85%, and the probability of a 50 basis point cut is 15% (before the CPI announcement, these were 71% and 29%, respectively).The probability of the Federal Reserve cumulatively cutting rates by 50 basis points by November is 43.8%, the probability of a cumulative 75 basis point cut is 48.9%, and the probability of a cumulative 100 basis point cut is 7.3% (before the CPI announcement, these were 27%, 55%, and 18%, respectively). (Jin Shi)