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The probability of the Fed keeping interest rates unchanged in October is 77.9%

Odaily reports, according to CME's "FedWatch," the probability of the Fed keeping interest rates unchanged in October is 77.9%, while the probability of a cumulative 25 basis point rate hike is 22.1%.

The probability of the Fed keeping interest rates unchanged in December is 14.8%, the probability of a cumulative 25 basis point rate hike is 67.3%, and the probability of a cumulative 50 basis point rate hike is 17.9%.