[The probability of a Fed rate hike in October is 54.2%] Jin10 Data reported on September 23 that, according to the CME 'FedWatch': The probability of the Federal Reserve keeping rates unchanged at 3.75%-4.00% during the October meeting is 45.8%, while the probability of a 25 basis point rate hike is 54.2%. By December, the probability of the Fed maintaining rates at 3.75%-4.00% is 10.8%, the cumulative probability of a 25 basis point rate hike is 47.8%, and the cumulative probability of a 50 basis point rate hike is 41.4%.