Market Reduces Bets on Fed Rate Hike, 60.4% Probability for September

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Fed news indicates the market has lowered expectations for rate hikes, with a 60.4% probability of a September increase according to CME’s 'FedWatch'. On-chain data reflects shifting sentiment, as Fed Governor Waller noted progress on inflation. The next FOMC meeting is scheduled for September 26.

BlockBeats news, on September 3, the market reduced its bets on a Fed rate hike after Fed Governor Waller stated that inflation shows signs of improvement.


According to CME's "FedWatch" data, the probability of a Fed rate hike in September is currently at 60.4%, with the next FOMC meeting scheduled for September 26.

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