According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged until September is 45.6%, and the probability of a cumulative 25 basis point rate hike is 54.4%. The probability that the Federal Reserve will keep interest rates unchanged until October is 33.5%, the probability of a cumulative 25 basis point rate hike is 52.1%, and the probability of a cumulative 50 basis point rate hike is 14.5%.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.