The probability of the Federal Reserve raising interest rates by 25 basis points in September is 58.4%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until September is 41.6%, while the probability of a cumulative rate hike of 25 basis points is 58.4%. By October, the probability of keeping interest rates unchanged is 30.5%, the probability of a cumulative rate hike of 25 basis points is 53.9%, and the probability of a cumulative rate hike of 50 basis points is 15.5%.