CME Fed Watch Sees 65.2% Chance of No Fed Rate Change by September
CME's FedWatch tool puts the probability that the Federal Reserve will leave interest rates unchanged by September at 65.2%, while assigning a 34.8% probability to a cumulative 25-basis-point rate hike. By October, the probability of unchanged rates falls to 50.1%. The probability of a cumulative 25-basis-point hike rises to 41.8%, while the probability of a cumulative 50-basis-point hike is 8.1%.
CME's FedWatch tool puts the probability that the Federal Reserve will leave interest rates unchanged by September at 65.2%, while assigning a 34.8% probability to a cumulative 25-basis-point rate hike.
By October, the probability of unchanged rates falls to 50.1%. The probability of a cumulative 25-basis-point hike rises to 41.8%, while the probability of a cumulative 50-basis-point hike is 8.1%.
By October, the probability of unchanged rates falls to 50.1%. The probability of a cumulative 25-basis-point hike rises to 41.8%, while the probability of a cumulative 50-basis-point hike is 8.1%.