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The probability that the Fed will keep interest rates unchanged this week is 98.4%

The probability that the Fed will keep interest rates unchanged this week is 98.4%

CointimeCointime2023/10/31 01:00
By:Cointime

On October 31st, according to CME's "Fed Watch": The probability of the Fed maintaining interest rates unchanged in the range of 5.25%-5.50% this week is 98.4%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 0.0%. The probability of maintaining interest rates unchanged until December is 74.5%, the probability of cumulative interest rate hikes of 25 basis points is 24.3%, and the probability of cumulative interest rate hikes of 50 basis points is 0.0%. The Fed will announce the Fed's interest rate decision in the United States from November 1st to November 2nd at 2:00.

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