We have updated our Fed Funds Rate increase probabilities from our previous note on September 5th:
- 100 BPS increase: New probability: 75%; Old probability: 50%;
- 75 BPS increase: New probability: 25%; Old probability: 40%;
- 50 BPS increase: New probability: 0%; Old probability: 10%.
The FOMC meets on September 20th and 21st.
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