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According to the CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% at its October meeting is 45.8%, while the probability of a 25 basis point rate hike is 54.2%. The probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% by December is 10.8%%, the probability of a cumulative 25 basis point rate hike is 47.8%, and the probability of a cumulative 50 basis point rate hike is 41.4%.
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