CME FedWatch data shows markets are assigning a 67.2% probability that the U.S. Federal Reserve will have delivered a cumulative 25-basis-point rate hike by September, according to a report cited by ChainCatcher from Jin10. The probability of rates remaining unchanged through September stands at 32.8%.
For October, the same tracker shows a 23.3% probability that rates will stay unchanged. The odds of a cumulative 25-basis-point increase by that point are 57.3%, while the probability of a cumulative 50-basis-point increase is 19.3%. The figures reflect current market pricing shown by CME’s FedWatch tool.
ChainCatcher reported, citing Jin10, that CME FedWatch data shows a 32.8% probability that the U.S. Federal Reserve will keep interest rates unchanged through September, while the probability of a cumulative 25-basis-point rate hike stands at 67.2%.
By October, the probability of rates remaining unchanged is 23.3%. The probability of a cumulative 25-basis-point increase is 57.3%, and the probability of a cumulative 50-basis-point increase is 19.3%.
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