✅ According to CME FedWatch, the market is effectively pricing in the Fed's 25bp hike this Wednesday as the main scenario
🗂 Rate Hike Probability
• Current US benchmark interest rate 3.50~3.75%
- Probability of 3.75~4.00% outlook after a 25bp hike is 86.7%
• Probability of rate hold is 13.3%
• Probability of rate cut is 0%
• Based on the September 16 FOMC meeting
🗂 Probability Changes
• 1 month ago, 25bp hike probability was 33.9%
• 1 week ago, it rose to 59.4%
• Currently expanded to 86.7%
• Conversely, the hold outlook dropped from 66.1% a month ago to 13.3% currently
