Traders priced in a 47.6% probability that the Federal Reserve will keep interest rates unchanged in September ahead of the nonfarm payrolls release, while the odds of a cumulative 25-basis-point rate hike stood at 52.4%, according to CME FedWatch. For October, the probability of rates remaining unchanged was 34.9%. Markets assigned a 51.1% chance to a cumulative 25-basis-point hike and a 13.9% chance to a cumulative 50-basis-point hike.