According to CME FedWatch: The probability of the Federal Reserve holding interest rates steady by October is 90.6%, with a 9.4% chance of a cumulative rate hike of 25 basis points. The probability of holding rates steady by December is 25.8%, with a 67.5% chance of a cumulative rate hike of 25 basis points and a 6.7% chance of a cumulative rate hike of 50 basis points.
