The probability of the Fed cutting rates by 25 basis points in December is 94.7%.

According to the CME "Fed Watch", the probability of the Fed maintaining current interest rates unchanged in December is 5.3%, and the probability of a cumulative 25 basis point cut is 94.7%. The probability of maintaining current interest rates unchanged in January next year is 4.1%, the probability of a cumulative 25 basis point cut is 73.7%, and the probability of a cumulative 50 basis point cut is 22.3%.