According to the CME “Federal Reserve Watch”, the probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% in October is 30.3%, and the probability of raising interest rates by 25 basis points is 69.7%. The probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% until December is 6.5%, the probability of a cumulative 25 basis point rate hike is 38.7%, and the probability of a cumulative 50 basis point rate hike is 54.8%.

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