According to Jinshi, CME FedWatch data shows the Federal Reserve has a 41.6% probability of leaving rates unchanged through September, while the probability of a cumulative 25-basis-point rate hike stands at 58.4%. Looking ahead to October, the probability of no rate change falls to 30.5%. At the same time, the probability of a cumulative 25-basis-point hike is 53.9%, and the probability of a cumulative 50-basis-point hike is 15.5%. The figures cited in the report reflect the market-implied rate path shown by CME’s FedWatch tool for the September and October timeframes.
ChainCatcher reported, citing Jinshi, that CME FedWatch shows a 41.6% probability that the Federal Reserve will keep rates unchanged through September. The probability of a cumulative 25-basis-point rate hike by then is 58.4%.
For October, the probability of rates remaining unchanged is 30.5%. The probability of a cumulative 25-basis-point hike is 53.9%, while the probability of a cumulative 50-basis-point hike stands at 15.5%.
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