The probability of the Fed cutting rates by 25 basis points in December is 85.1%.

According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged by December is 14.9%, and the probability of a cumulative 25 basis point cut is 85.1%. The probability of maintaining current interest rates unchanged by January next year is 10.1%, the probability of a cumulative 25 basis point cut is 62.6%, and the probability of a cumulative 50 basis point cut is 27.3% (gold ten)