CME FedWatch: Probability of a 25 basis point rate hike at this meeting is 88.7%

According to CME "FedWatch": There is an 11.3% probability that the Federal Reserve will keep interest rates unchanged at this meeting, and an 88.7% probability of a 25 basis point rate hike. By October, there is a 6.3% probability that the Federal Reserve will keep rates unchanged, a 54.4% probability of a cumulative 25 basis point hike, and a 39.3% probability of a cumulative 50 basis point hike.