CME FedWatch Prices in 88.7% Chance of 25-Basis-Point Fed Rate Hike in September
JH Kim
CME FedWatch data on September 16 showed an 88.7% probability that the Federal Reserve will raise its benchmark interest rate by 25 basis points at the September Federal Open Market Committee meeting.
The probability of the Fed holding rates steady was 11.3%.
JH Kim
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