[56.5% Probability of Fed Rate Hike in October] According to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged at 3.75%-4.00% at its October meeting is 43.5%, and the probability of a 25 basis point rate hike is 56.5%. The probability of the Fed keeping interest rates unchanged at 3.75%-4.00% by December is 10.2%, the probability of a cumulative 25 basis point rate hike is 46.6%, and the probability of a cumulative 50 basis point rate hike is 33.3%.
