The probability of the Federal Reserve raising interest rates by 25 basis points in September is 67.2%.
According to CME's "FedWatch": The probability that the Federal Reserve will maintain interest rates unchanged until September is 32.8%, while the probability of a cumulative increase of 25 basis points is 67.2%. The probability that the Federal Reserve will maintain interest rates unchanged until October is 23.3%, with a cumulative increase of 25 basis points having a probability of 57.3%, and a cumulative increase of 50 basis points at 19.3%.
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