The probability of the Federal Reserve keeping interest rates unchanged in September has dropped to 36.8%, with a significant change in rate hike expectations

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve maintaining interest rates unchanged until September is 36.8%, the probability of a cumulative rate hike of 25 basis points is 63.2%, and the probability of a cumulative rate hike of 50 basis points is 0% (before the Federal Reserve's decision, these were 17.8%, 60.2%, and 22% respectively).

By October, the probability of maintaining interest rates unchanged is 26.2%, the probability of a cumulative rate hike of 25 basis points is 55.6%, the probability of a cumulative rate hike of 50 basis points is 18.2%, and the probability of a cumulative rate hike of 75 basis points is 0% (before the Federal Reserve's decision, these were 11.9%, 46.1%, 34.7%, and 7.3% respectively).