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According to the CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged by October is 77.9%, and the probability of a cumulative 25 basis point rate hike is 22.1%. The probability that the Federal Reserve will keep interest rates unchanged by December is 11.4%, the probability of a cumulative 25 basis point rate hike is 62.3%, the probability of a cumulative 50 basis point rate hike is 24.3%, and the probability of a cumulative 75 basis point rate hike is 2.1%.
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