CME Fed Watch shows that the Fed's interest rate rises to 57% in September

According to Bitcoin.com news, CME Fedwatch data indicate that the probability of the Fed raising interest rates by 25 basis points on 16 September rose to 57 per cent, and the probability of maintaining interest rates unchanged was 43 per cent. Polymarket-related transactions exceeded $66.6 million and Kalshi-related transactions exceeded $23.8 million. At the Jackson Hole Economic Policy Seminar, Federal Reserve Chairman Kevin Walsh stated that the Fed would adhere to the 2 per cent PCE price index inflation target for personal consumption expenditure。