The probability of a Federal Reserve rate hike in October is 64.8%.

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 35.2%, while the probability of a 25 basis point rate hike is 64.8%. The probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% by December is 7.6%, the probability of a cumulative 25 basis point rate hike is 41.6%, and the probability of a cumulative 50 basis point rate hike is 50.9%.