CME FedWatch data showed on Aug. 1 that markets are pricing in a higher chance of a Federal Reserve rate increase at the September meeting. According to the latest reading cited by BlockBeats, the probability that the Fed will leave rates unchanged stands at 33%, while the probability of a 25 basis point hike is 67%. The update reflects current market-implied expectations tracked by CME’s FedWatch tool. The item was published by BlockBeats under the policy and regulation category. No additional policy comments or supporting details were included in the source brief.
BlockBeats reported on Aug. 1, citing CME FedWatch data, that the probability of the Federal Reserve keeping rates unchanged in September stands at 33%, while the probability of a 25 basis point rate hike is 67%.
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