Cointime reports: Traders are pricing an 81.5% probability that the Federal Reserve raises rates by 25 basis points in December. The gauge puts the odds of holding rates steady at 18.5%. For January, it shows a 14.2% chance of no change, a 67.1% chance of a cumulative 25 basis points of hikes and an 18.7% chance of 50 basis points.
CME FedWatch: 81.5% odds of a December Fed rate hike
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