The Fed's probability of a 25 basis point increase in September is 55%

ON 7 AUGUST, ACCORDING TO THE CME FEDERAL RESERVE WATCH, THE FED HAD A 45 PER CENT PROBABILITY OF MAINTAINING INTEREST RATES CONSTANT BY SEPTEMBER AND A 55 PER CENT PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS. THE FED HAS A PROBABILITY OF MAINTAINING INTEREST RATES CONSTANT BY 31 PER CENT BY OCTOBER, WITH A RATE OF 51.9 PER CENT FOR 25 BASIS POINTS AND 17.1 PER CENT FOR 50 BASIS POINTS。