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Fed Rate Hike Probability for October Stands at 54.2%

PANews ·

According to the CME FedWatch Tool, there is a 54.2% probability that the Federal Reserve will raise interest rates by 25 basis points in October, while a 45.8% probability exists for maintaining rates at 3.75%-4.00%.

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Summaries are written by AI from the original article. Not investment advice.

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