According to CME “Federal Reserve Watch”, the probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% in October is 45.8%, and the probability of raising interest rates by 25 basis points is 54.2%. The probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% until December is 10.8%, the probability of a cumulative 25 basis point rate hike is 47.8%, and the probability of a cumulative 50 basis point rate hike is 41.4%.

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.