The probability of the Federal Reserve raising interest rates by 25 basis points in September is 73.6%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until September is 26.4%, while the probability of a cumulative rate hike of 25 basis points is 73.6%. By October, the probability of keeping interest rates unchanged is 19.9%, the probability of a cumulative rate hike of 25 basis points is 62.1%, and the probability of a cumulative rate hike of 50 basis points is 17.9%.