CME FedWatch: 47.6% Probability of No Rate Change in September

According to CME "Fed Watch": There is a 47.6% probability that the Federal Reserve will keep interest rates unchanged until September, and a 52.4% probability of a cumulative 25 basis point rate hike. There is a 34.9% probability that the Federal Reserve will keep interest rates unchanged until October, a 51.1% probability of a cumulative 25 basis point rate hike, and a 13.9% probability of a cumulative 50 basis point rate hike.