According to the CME Group's 'FedWatch' tool, the market's anticipation for the Fed's action regarding rate adjustments in September has shown slight modifications. In detail, the likelihood of a 25 basis point cut is currently pegged at 55.0%, a decrease from the previous 57.0%; conversely, the probability of a 50 basis point cut has increased to 45.0% from 43.0%. Moreover, there have been revisions to the expectations for future reductions, with a cumulative 50 basis point cut by November having a probability of 28.9%, a cumulative 75 basis point cut being 49.7%, and a cumulative 100 basis point cut standing at 21.3%. These statistics encapsulate the market's most recent evaluation of the current economic landscape and the trajectory of Fed policy.