CME FedWatch data cited by BlockBeats on Sept. 19 showed the market assigning a 57.6% probability to a 25-basis-point rate hike by the U.S. Federal Reserve at its October meeting. The probability of the Fed leaving rates unchanged was listed at 42.4%. The update reflects the latest market-implied view of the Fed’s next rate decision, based on CME FedWatch figures published in the report.
According to BlockBeats on Sept. 19, CME FedWatch data showed a 42.4% probability that the U.S. Federal Reserve will keep rates unchanged in October, while the probability of a 25-basis-point hike stood at 57.6%.
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