Markets priced in a 37.8% probability that the Federal Reserve will leave interest rates unchanged in September after the latest ADP data, while the chance of a cumulative 25-basis-point hike stood at 62.2%, according to CME FedWatch.
For October, the probability of rates remaining unchanged was 26.9%. Traders priced in a 55.2% chance of a cumulative 25-basis-point hike and a 17.9% chance of a cumulative 50-basis-point hike.
FedWatch Shows 37.8% Chance of September Hold After ADP Data
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