There is an 88% chance that the Fed will keep rates unchanged in September

According to CME “Fed Watch”: the probability that the Fed will keep interest rates unchanged at 5.25%-5.50% in September is 88%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 12.0%;

The probability of keeping interest rates unchanged by November is 72.7%, the probability of accumulatively raising interest rates by 25 basis points is 25.3%, and the probability of accumulatively raising interest rates by 50 basis points is 2.1%.