CME FedWatch data shows markets assigning a 77.9% probability that the U.S. Federal Reserve will keep interest rates unchanged through October, while the probability of a cumulative 25 basis point hike stands at 22.1%. For December, the probability of no rate change drops to 14.8%. The odds of a cumulative 25 basis point increase rise to 67.3%, and the probability of a cumulative 50 basis point increase is 17.9%. The figures were cited by Odaily in a brief market update.
According to CME FedWatch, the probability that the U.S. Federal Reserve will keep interest rates unchanged through October stands at 77.9%, while the probability of a cumulative 25 basis point rate hike is 22.1%.
For December, the probability of no rate change is 14.8%. The probability of a cumulative 25 basis point hike is 67.3%, and the probability of a cumulative 50 basis point hike is 17.9%.
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