CME FedWatch data shows markets are pricing in a high probability that the U.S. Federal Reserve will leave rates unchanged at its October meeting. The probability of no change stands at 83.9%, while the probability of a cumulative 25-basis-point hike is 16.1%. For December, the rate outlook shifts more clearly toward additional tightening. The probability of rates remaining unchanged is 9.9%, the probability of a cumulative 25-basis-point increase is 76.0%, and the probability of a cumulative 50-basis-point increase is 14.2%. The figures were cited by Odaily.
According to CME FedWatch data cited by Odaily, the probability that the U.S. Federal Reserve will keep rates unchanged in October stands at 83.9%.
The probability of a cumulative 25-basis-point rate hike in October is 16.1%.
For December, the probability of no rate change is 9.9%, while the probability of a cumulative 25-basis-point hike is 76.0%. The probability of a cumulative 50-basis-point hike is 14.2%.
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