Fed September Rate-Hike Odds at 58.3%

According to Jin10, CME FedWatch shows a 41.7% probability that the Federal Reserve will keep rates unchanged in September and a 58.3% probability of a cumulative 25-basis-point rate hike. It also shows a 30.1% probability of no change in October, a 53.7% probability of a cumulative 25-basis-point hike, and a 16.1% probability of a cumulative 50-basis-point hike.