The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 84.9%.

According to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 84.9%, while the probability of keeping rates unchanged is 15.1%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 66.4%, the probability of keeping rates unchanged is 11.1%, and the probability of a cumulative rate cut of 50 basis points is 22.6%. (Jinshi)