The probability that the Federal Reserve will keep interest rates unchanged in September is 93%

The probability that the Federal Reserve will keep interest rates unchanged at 5.25%-5.50% in September is 93%, while the probability of raising interest rates by 25 basis points to a range of 5.50%-5.75% is 7%. Besides, the probability of keeping interest rates unchanged by November is 56.5%, that of raising interest rates cumulatively by 25 basis points is 40.7%, and a cumulative 50 basis point interest rate hike is 2.7%.