Fed Watch: October rate hike probability rises to 33.2%

According to CME's "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged by October is 66.8%, and the probability of a cumulative 25 basis point rate hike is 33.2%. The probability that the Federal Reserve will keep interest rates unchanged by December is 9.1%, the probability of a cumulative 25 basis point rate hike is 62.2%, and the probability of a cumulative 50 basis point rate hike is 28.7%.