According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged until September is 40.3%, and the probability of a cumulative 25 basis point rate hike is 59.7%. The probability that the Federal Reserve will keep interest rates unchanged until October is 28.7%, the probability of a cumulative 25 basis point rate hike is 54.1%, and the probability of a cumulative 50 basis point rate hike is 17.2%.

According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged until September is 40.3%, and the probability of a cumulative 25 basis point rate hike is 59.7%. The probability that the Federal Reserve will keep interest rates unchanged until October is 28.7%, the probability of a cumulative 25 basis point rate hike is 54.1%, and the probability of a cumulative 50 basis point rate hike is 17.2%.