CME FedWatch data showed on Oct. 7 that markets were pricing in an 80.6% probability that the U.S. Federal Reserve will leave rates unchanged at its October meeting. The probability of a 25 basis point rate hike stood at 19.4%. The update was reported by BlockBeats under the policy and regulation category. No additional details were provided in the source beyond the latest probability breakdown from CME FedWatch.
BlockBeats reported on Oct. 7, citing CME FedWatch data, that the probability of the U.S. Federal Reserve keeping rates unchanged in October was 80.6%, while the probability of a 25 basis point rate hike stood at 19.4%.
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