The probability of the Fed raising interest rates in October is 54.2%

PANews reported on September 23 that according to CME's "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% at its October meeting is 45.8%, and the probability of raising interest rates by 25 basis points is 54.2%. The probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% until December is 10.8%%, the probability of a cumulative interest rate hike of 25 basis points is 47.8%, and the probability of a cumulative 50 basis point interest rate hike is 41.4%.