Fed September Hold Probability at 33.1%, CME FedWatch Shows

According to Jin10, CME FedWatch shows a 33.1% probability that the Federal Reserve will keep rates unchanged in September and a 66.9% probability of a cumulative 25-basis-point hike. It also shows a 22.5% probability of no change in October, a 56.0% probability of a cumulative 25-basis-point hike, and a 21.5% probability of a cumulative 50-basis-point hike.