As of September 7, the CME FedWatch Tool indicates a 41.4% probability of the Federal Reserve holding rates steady in September and a 58.6% probability of a 25 basis point rate hike.
As of September 7, the CME FedWatch Tool showed that the probability of the Federal Reserve keeping interest rates unchanged in September was 41.4%, while the probability of a 25 basis point rate hike was 58.6%.
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