According to the CME FedWatch Tool, the probability of the Federal Reserve keeping interest rates unchanged by October is 80.6%, while the probability of a cumulative interest rate hike of 25 basis points is 19.4%. By December, the probability of keeping rates unchanged is 21.7%, with a 64.1% chance of a cumulative 25 basis point hike and a 14.2% chance of a cumulative 50 basis point hike

According to the CME FedWatch Tool, the probability of the Federal Reserve keeping interest rates unchanged by October is 80.6%, while the probability of a cumulative interest rate hike of 25 basis points is 19.4%. By December, the probability of keeping rates unchanged is 21.7%, with a 64.1% chance of a cumulative 25 basis point hike and a 14.2% chance of a cumulative 50 basis point hike.