According to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.1%, while the probability of keeping rates unchanged is 29.9%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 55.8%, the probability of keeping rates unchanged is 19.3%, and the probability of cumulative rate cuts of 50 basis points is 24.8%.