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According to the CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged by October is 61.8%, and the probability of a cumulative 25 basis point rate hike is 38.2%. The probability that the Federal Reserve will keep interest rates unchanged by December is 13.3%, the probability of a cumulative 25 basis point rate hike is 56.7%, and the probability of a cumulative 50 basis point rate hike is 30%.
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