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CME FedWatch Signals 59.0% Chance of September Rate Hold

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Per Jin10, CME FedWatch shows a 59.0% probability that the Federal Reserve will keep rates unchanged in September, with a 41.0% likelihood of a 25-basis-point hike.

For October, the tool indicates a 46.6% chance of no change, a 44.8% probability of a 25-basis-point hike, and an 8.6% probability of a cumulative 50-basis-point hike.

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