10 Dividend Stocks That Will Pay Your Monthly Bills In any regard, the December rate hike odds continue to fall as well. After the July CPI report was released in mid-August, the odds of a rate hike for the month fell from 40% on Thursday Aug. 10 to 32% on Aug. 11. Click to Enlarge A 50-50 coin toss that rates won't move for another nine months has clear implications for the banks.