The Fed's September Rate Hike Probability Drops to 50%

BlockBeats News, September 4th, according to CME's "FedWatch": The probability of the Fed maintaining interest rates in September is 49.8%, and the probability of a cumulative 25 basis point rate hike is 50.2%.

The probability of the Fed holding interest rates in October is 35.5%, the probability of a cumulative 25 basis point rate hike is 50.1%, and the probability of a cumulative 50 basis point rate hike is 14.5%.

There are about 12 days and 18 hours left until the next FOMC meeting.