The probability of the Federal Reserve raising interest rates by 25 basis points in October is 70.9%

According to data from CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged at 3.75% -4.00% at its October meeting is 29.1%, and the probability of raising interest rates by 25 basis points is 70.9%; The probability of the Federal Reserve keeping interest rates unchanged at 3.75% -4.00% until December is 5.0%, the probability of a cumulative increase of 25 basis points is 36.3%, and the probability of a cumulative increase of 50 basis points is 58.7%.