The Fed's probability of a 25 basis point increase in September is 48%

ON 12 AUGUST, ACCORDING TO THE CME FEDERAL RESERVE WATCH, THE FED HAD A 52.0 PER CENT PROBABILITY OF MAINTAINING INTEREST RATES BY SEPTEMBER AND A 48.0 PER CENT PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS. THE FED ' S PROBABILITY OF MAINTAINING INTEREST RATES CONSTANT BY OCTOBER WAS 38.7 PER CENT, WITH A CUMULATIVE INCREASE OF 49.0 PER CENT FOR 25 BASIS POINTS AND 12.2 PER CENT FOR 50 BASIS POINTS。