Fed September Rate Hike Probability Rises to 63.4% While Hold Odds Drop to 36.6%

CME Fed Watch data indicates a 63.4% likelihood of a 25bps September rate hike, with October scenarios showing 56.3% for 25bps and 16.9% for 50bps increases.

Woofun AI data shows that the probability of the Federal Reserve implementing a cumulative 25 basis point interest rate increase in September stands at 63.4%, whereas the chance of rates remaining unchanged is 36.6%. For October, the market assigns a 56.3% probability to a 25 basis point cumulative increase, a 26.9% probability to no change, and a 16.9% probability to a 50 basis point cumulative increase.