According to CME FedWatch: The probability of the Federal Reserve holding interest rates steady by October is 83.9%, while the probability of a cumulative rate hike of 25 basis points is 16.1%. The probability of holding rates steady by December is 9.9%, with a 76.0% chance of a cumulative 25-basis-point hike and a 14.2% chance of a cumulative 50-basis-point hike.
