It's still predicted to be .75
The odds that the Fed will do another 75-bp rate hike at its September 20-21 meeting have risen in August. The odds are now 68.5%, up from 28.0% last month.There are three remaining Fed meetings this year, and the odds are just over 50-50 that the rate path will be 75-50-25 or 50-50-50 for a total increase of 150 bps. That would move the target fed funds rate from today’s level (2.25%-2.50%) to 3.75%-4.00% by the Fed’s December 13-14 meeting.
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