CME FedWatch Puts December Fed Rate-Hike Probability at 72%

According to Jin10, CME FedWatch puts the probability of the Federal Reserve holding rates unchanged in December at 28% and raising them by 25 basis points at 72%; for January next year, it puts the probability of rates remaining unchanged at 19.3%, a cumulative 25-basis-point increase at 58.4%, and a cumulative 50-basis-point increase at 22.3%.