[Fed Rate Hike Probability in September is 59.4%] According to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged by September is 40.6%, and the probability of a cumulative 25 basis point rate hike is 59.4%. The probability of the Fed keeping interest rates unchanged by October is 29.8%, the probability of a cumulative 25 basis point rate hike is 54.4%, and the probability of a cumulative 50 basis point rate hike is 15.8%.
