BlockBeats news, July 30: According to CME's "FedWatch," the probability of the Fed maintaining rates unchanged through September is 36.8%, the probability of a cumulative 25-basis-point hike is 63.2%, and the probability of a cumulative 50-basis-point hike is 0% (previously 17.8%, 60.2%, and 22% respectively prior to the Fed's decision).
The probability that the Federal Reserve will hold rates steady until October is 26.2%, the probability of a cumulative 25-basis-point hike is 55.6%, the probability of a cumulative 50-basis-point hike is 18.2%, and the probability of a cumulative 75-basis-point hike is 0% (compared to 11.9%, 46.1%, 34.7%, and 7.3% respectively prior to the Fed’s decision).
