After the release of PCE data, the probability of the Federal Reserve keeping interest rates unchanged in October is 52.9%

CME Federal Reserve observation data shows that after the release of PCE data, the probability of the Federal Reserve keeping interest rates unchanged until October is 52.9%, and the probability of a cumulative 25 basis point interest rate hike is 47.1%; The probability of keeping interest rates unchanged until December is 10%, the probability of a cumulative increase of 25 basis points is 51.8%, and the probability of a cumulative increase of 50 basis points is 38.2%; The core PCE price index for August in the United States had an annual rate of 3%, lower than expected by 3.3%, hitting a six-month low. The previous value was revised from 3.30% to 3%.