CME's FedWatch Tool: The probability of a 25 basis point rate cut by the Federal Reserve in December is 67.8%.

According to CME's "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 67.8%, and the probability of keeping rates unchanged is 32.2%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 56%, the probability of keeping rates unchanged is 21.5%, and the probability of cumulative rate cuts of 50 basis points is 22.5%.