The Fed's September Rate Hike Probability Decreases, Falling to About 35% After PPI Report Release

BlockBeats News, August 13th, according to CME FedWatch data, today before the release of the PPI report, the probability of a 25 basis point rate hike by the Fed in September was about 40%. After the report was published, the rate hike probability dropped to around 35%, and the probability of the Fed keeping the interest rate unchanged in September at 3.50%-3.75% was about 65%.