The probability of the Federal Reserve raising interest rates by 25 basis points in September is 55%.

According to CME's "Fed Watch": The probability that the Federal Reserve will keep interest rates unchanged until September is 45%, while the probability of a cumulative rate hike of 25 basis points is 55%. The probability that the Federal Reserve will maintain the interest rate unchanged until October is 31%, with the probability of a cumulative rate hike of 25 basis points at 51.9% and a cumulative rate hike of 50 basis points at 17.1%.