Before the release of the US August CPI, the probability of the Federal Reserve raising interest rates by 25 basis points is 69.4%

The August CPI data for the United States will be released tonight at 20:30 (UTC+8). CME Federal Reserve observation data shows that the probability of the Fed's interest rate remaining unchanged this month is 30.6%, and the probability of raising interest rates by 25 basis points is 69.4%. (Source: Federal Reserve) AI interpretation: The market showed extremely high expectations of interest rate hikes before the release of CPI, reflecting investors' deep concerns about the rebound of inflation. The current interest rate pricing has fully taken into account the tightening pressure, and market sentiment is in a highly sensitive defensive state. This data will directly determine the tone of the Fed's subsequent policy path and trigger drastic fluctuations in asset prices. Investors are hedging against the risk of uncontrolled inflation by setting high interest rate hikes, which indicates that the market reaction tonight will be extremely intense.