The Federal Reserve will announce its rate decision at 2:00 AM Beijing time on Thursday, followed by Chair Powell's press conference at 2:30 AM, BlockBeats reports. CME FedWatch Tool data show a 99.4% probability of a 25 basis point cut in October and 0.6% chance of no change. For cumulative action through December, markets price in 91.3% odds of a total 50bp reduction and 8.6% for 25bp, with the next FOMC meetings scheduled for October 29 and December 10.