The probability of the Federal Reserve raising interest rates by 75 basis points in September has risen to 74%

According to Chain Catcher news, from CME's "FedWatch": The probability of the Federal Reserve raising interest rates by 50 basis points by September is 26.0%, and the probability of a 75 basis point increase is 74.0%. The probability of a cumulative increase of 75 basis points by November is 25.8%, the probability of a cumulative increase of 100 basis points is 73.7%, and the probability of a cumulative increase of 125 basis points is 0.5%. (Source link)