CME FedWatch data shows a 67.6% probability the Fed holds rates at 3.50%-3.75% in September, with a 32% chance of a 25-basis-point hike.

Volatile job numbers, stubborn inflation and changes to the Fed’s communications style are all stirring up uncertainty in markets and raising the stakes for upcoming economic data…

CME FedWatch data shows a 45% probability of a Fed rate hike at the September FOMC meeting, with sticky 4.2% inflation battling weak jobs data.