CME FedWatch data shows markets currently assign a 63.5% probability that the U.S. Federal Reserve will leave interest rates unchanged through September, with a 36.5% chance of a cumulative 25-basis-point hike by that point. Looking one month further out, the October probabilities shift lower for a hold. The chance of rates staying unchanged through October stands at 47.3%, while the probability of a cumulative 25-basis-point increase is 43.4%. The odds of a cumulative 50-basis-point increase by October are 9.3%. The figures were cited by Odaily and attributed to Jin10.
According to CME FedWatch data cited by Odaily, the probability that the U.S. Federal Reserve will keep interest rates unchanged through September stands at 63.5%.
The probability of a cumulative 25-basis-point rate hike by September is 36.5%.
For October, the probability of no rate change is 47.3%. The probability of a cumulative 25-basis-point hike is 43.4%, and the probability of a cumulative 50-basis-point hike is 9.3%.
The figures were attributed to Jin10.
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