The probability of the Federal Reserve raising interest rates in October is 54.2%

Glonghui, September 23 — According to CME "FedWatch": the probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% at the October meeting is 45.8%, and the probability of a 25 basis point rate hike is 54.2%. By December, the probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% is 10.8%, the cumulative probability of a 25 basis point rate hike is 47.8%, and the cumulative probability of a 50 basis point rate hike is 41.4%.