According to Jin10, CME FedWatch puts the probability of the Federal Reserve holding rates steady through October at 82.8%, versus 17.2% for a cumulative 25-basis-point hike. By December, the probability of no change is 6.4%, while the probabilities of cumulative hikes of 25 and 50 basis points are 77.8% and 15.8%, respectively.
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Fed Rate Hold Has an 82.8% Probability in October
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