According to Jin10, CME FedWatch puts the probability that the Fed will leave rates unchanged this week at 89.5%, while the probability of a cumulative 25-basis-point hike is 10.5%. By December, the probability of rates remaining unchanged is 17.7%, the probability of a cumulative 25-basis-point hike is 73.9%, and the probability of a cumulative 50-basis-point hike is 8.4%.
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Fed Rate-Hold Probability Stands at 89.5% This Week
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