Fed Holds Rates Steady in September with 63.5% Probability
OdailyOdaily News: According to CME's "FedWatch," the probability of the Federal Reserve maintaining interest rates unchanged in September is 63.5%, while the probability of a cumulative 25 basis point rate hike is 36.5%. For October, the probability of maintaining rates unchanged is 47.3%, with a 43.4% chance of a cumulative 25 basis point hike and a 9.3% chance of a cumulative 50 basis point hike. (Jin Shi)
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