CME Federal Reserve Observation: The probability of the Federal Reserve raising interest rates within the year is 69%

According to CME Federal Reserve observation data, the probability of the Fed raising interest rates within the year is 69%, with a cumulative probability of a 25 basis point rate hike of 43.4%, a cumulative probability of a 50 basis point rate hike of 21.2%, a cumulative probability of a 75 basis point rate hike of 4.1%, and a cumulative probability of a 100 basis point rate hike of 0.3%.