The probability of a Fed interest rate hike in September drops to 58.6%

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Interest rates are expected to remain unchanged in September, with a 58.6% probability as of August 25, according to CME FedWatch data. A 25-basis-point hike remains at 41.4%. For October, the probability of a rate hold is 43.0%, while a 25-basis-point increase stands at 46.0%. Altcoins to watch may react to these shifts in monetary policy. The probability of a 50-basis-point hike is 11.0%. Market pricing reflects these expectations for the next two FOMC meetings.

ChainThink reports that, as of August 25, data from CME's "FedWatch" shows the probability of the Federal Reserve holding rates steady in September has risen to 58.6%, while the probability of a cumulative 25-basis-point rate hike is 41.4%.

For the October meeting, the market now assigns a 43.0% probability of holding rates steady, a 46.0% probability of a cumulative 25-basis-point hike, and an 11.0% probability of a cumulative 50-basis-point hike.

This data reflects the market's pricing of interest rates for the next two FOMC meetings.

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