The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 59.4%.

According to Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 59.4%, while the probability of keeping rates unchanged is 40.6%. The probability of a cumulative 25 basis point rate cut by January next year is 51.5%, the probability of keeping rates unchanged is 23.5%, and the probability of a cumulative 50 basis point rate cut is 25%.