币界网报道：CME FedWatch Tool Indicates 72% Probability of September Rate Cut The CME FedWatch Tool, a widely monitored gauge of market expectations for U.S. Federal Reserve policy moves, currently shows a 72% chance of an interest rate cut in September. This heightened probability reflects shifting investor sentiment amid evolving economic data and Fed communications. Analysts note the tool's projections have become increasingly volatile in recent weeks as markets digest mixed signals on inflation, employment, and growth. The Fed's preferred inflation metric, the core PCE price index, recently showed cooling price pressures, supporting the case for monetary easing. However, some policymakers remain cautious, emphasizing the need for more evidence that inflation is sustainably moving toward the 2% target. Market participants are closely watching upcoming jobs reports and inflation data for further clues on the timing and magnitude of potential rate cuts. The Fed's next policy meeting in late July could provide additional guidance, though most expect the central bank to maintain rates at that session while preparing the ground for possible September action. Futures markets currently price in between one and two quarter-point rate cuts by year-end, with the September meeting seen as the most likely starting point for policy easing. The FedWatch Tool's projections have proven reasonably accurate in recent years, though unexpected economic developments can quickly alter the outlook.