According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged until September is 59.0%, and the probability of a cumulative 25 basis point rate hike is 41.0%. The probability that the Federal Reserve will keep interest rates unchanged until October is 46.6%, the probability of a cumulative 25 basis point rate hike is 44.8%, and the probability of a cumulative 50 basis point rate hike is 8.6%

According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged until September is 59.0%, and the probability of a cumulative 25 basis point rate hike is 41.0%. The probability that the Federal Reserve will keep interest rates unchanged until October is 46.6%, the probability of a cumulative 25 basis point rate hike is 44.8%, and the probability of a cumulative 50 basis point rate hike is 8.6%