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According to CME "Fed Watch", the probability of the Fed raising interest rates by 50 basis points in December to the range of 4.25%-4.50% is 77.0%, and the probability of raising interest rates by 75 basis points is 23.0%. The probability is 36.9%, the probability of a cumulative rate hike of 100 basis points is 51.1%, and the probability of a cumulative rate hike of 125 basis points is 12.0%
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