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

BlockBeats news, September 30th, according to CME's "FedWatch," following the release of PCE data, the probability of the Federal Reserve keeping interest rates unchanged by October is 52.9%, with a 47.1% chance of a cumulative 25 basis point rate hike. The probability of the Fed maintaining rates by December is 10%, with a 51.8% chance of a cumulative 25 basis point increase and a 38.2% chance of a cumulative 50 basis point hike.

As previously reported, the US August core PCE price index annual rate was 3%, below the expected 3.3%, marking a new low in half a year. The previous value was revised from 3.30% to 3%.