CME rate watch shows a 69.7% probability of a 25-basis-point rate hike in October
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AT A GLANCE
CME data shows a 69.7% probability of a 25-basis-point rate hike by the Federal Reserve in October.
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⚡️The probability of a Federal Reserve rate hike in October has risen to 69.7%
BlockBeats news: On September 24, according to the CME FedWatch Tool, the probability that the Federal Reserve will keep the interest rate unchanged at 3.75%-4.00% at its October meeting is 30.3%, while the probability of a 25-basis-point rate hike is 69.7%.
In addition, by December, the probability that the Federal Reserve will keep the interest rate unchanged at 3.75%-4.00% is 6.5%, the probability of a cumulative 25-basis-point rate hike is 38.7%, and the probability of a cumulative 50-basis-point rate hike is 54.8%.
Original link https://m.theblockbeats.info/flash/368711
Key points
01
According to the CME FedWatch Tool, the probability that the Federal Reserve will keep the interest rate unchanged at 3.75%-4.00% at its October meeting is 30.3%.
02
The probability of a 25-basis-point rate hike by the Federal Reserve at its October meeting is 69.7%.
03
By December, the probability that the Federal Reserve will keep the interest rate unchanged at 3.75%-4.00% is 6.5%.
04
By December, the probability of a cumulative 25-basis-point rate hike by the Federal Reserve is 38.7%.
05
By December, the probability of a cumulative 50-basis-point rate hike by the Federal Reserve is 54.8%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A “25-basis-point rate hike” means that the interest rate is increased by 0.25 percentage points. The 69.7% figure is the probability shown by the CME FedWatch Tool.
Why it matters to readers
These probabilities reflect market expectations for Federal Reserve interest-rate changes in October and December.
This helps beginners understand how the market quantifies expectations for the outcomes of future interest-rate meetings.
Risks and unknowns
No specific risk assessment is available; this does not mean there is no risk.
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Basis Point
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