Off-topic for aiqbench

This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.

Fed Watch: October Rate Hike Probability Rises to 33.2%

36KrOctober 14, 20261 min read

According to the CME FedWatch Tool, the probability of the Federal Reserve holding rates steady in October stands at 66.8%, while a cumulative rate hike of 25 basis points is priced in at 33.2%. By December, the probability of holding rates steady drops to 9.1%, with a 62.2% chance of a cumulative 25-basis-point increase and a 28.7% likelihood of a 50-basis-point hike. (Jiemian)

Read the full article at 36Kr

Read at 36Kr ↗Ask about this article