According to the CME, the probability of the Fed raising interest rates by 75 basis points by July is 70.9% and by 100 basis points is 29.1%; the cumulative probability of raising interest rates by 75 and 100 basis points by September is 0%, the cumulative probability of raising interest rates by 125 basis points is 36.9%, the cumulative probability of raising interest rates by 150 basis points is 49.2% and the probability of raising interest rates by 175 basis points is 14.0%.
How much will th...