Before the FOMC statement, the probability of a rate hike by the Fed is 29.4%

Odaily reported that according to the CME "FedWatch": the probability of the Fed keeping interest rates unchanged today is 70.6%, and the probability of a cumulative 25-basis-point rate hike is 29.4%. The probability of the Fed keeping interest rates unchanged by September is 17.8%, the probability of a cumulative 25-basis-point rate hike is 60.2%, and the probability of a cumulative 50-basis-point rate hike is 22%. (Jin10)