According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged until October is 77.9%, and the probability of a cumulative 25 basis point rate hike is 22.1%. The probability that the Federal Reserve will keep interest rates unchanged until December is 12.8%. The probability of raising interest rates by 25 basis points is 68.7%, and the probability of raising interest rates by 50 basis points is 18.5%.

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