ChainThink reports that, as of September 2, according to CME FedWatch data, the probability of the Federal Reserve maintaining interest rates unchanged in September is 33.8%, while the probability of a cumulative 25-basis-point rate hike is 66.2%.
The probability of holding rates steady through October is 24.1%, the probability of a cumulative 25-basis-point hike is 56.9%, and the probability of a cumulative 50-basis-point hike is 19.1%.
