The probability of a 25 basis point rate hike by the Federal Reserve in September is 54.4%.

According to CME's "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged until September is 45.6%, while the probability of a cumulative 25 basis point rate hike is 54.4%. The probability that the Federal Reserve will maintain interest rates until October is 33.5%, with a cumulative 25 basis point rate hike probability of 52.1% and a cumulative 50 basis point rate hike probability of 14.5%.