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According to the CME "FedWatch": The probability that the Federal Reserve will keep rates unchanged at 3.75%-4.00% at its October meeting is 32.5%, while the probability of a 25 basis point rate hike is 67.5%. The probability that the Federal Reserve will keep rates unchanged at 3.75%-4.00% by December is 5.2%, the probability of a cumulative 25 basis point rate hike is 38.0%, and the probability of a cumulative 50 basis point rate hike is 56.8%.
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