The probability of the Federal Reserve raising interest rates by 25 basis points in September is 58.4%.
According to CME's "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged until September is 41.6%, while the probability of a cumulative increase of 25 basis points is 58.4%. The probability that the Federal Reserve will maintain interest rates unchanged until October is 30.5%, with the probability of a cumulative increase of 25 basis points at 53.9% and a cumulative increase of 50 basis points at 15.5%.
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