According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged until October is 80.6%, and the probability of a cumulative 25 basis point rate hike is 19.4%. The probability that the Federal Reserve will keep interest rates unchanged until December is 21.7%. The probability of raising interest rates by 25 basis points is 64.1%, and the probability of raising interest rates by 50 basis points is 14.2%.

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.