The probability of a 25 basis point rate cut by the Federal Reserve in December is 69.4%.

Jinse Finance reported, according to CME "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.4%, while the probability of keeping rates unchanged is 30.6%. The probability of a cumulative 25 basis point rate cut by the Federal Reserve by January next year is 56.9%, the probability of keeping rates unchanged is 20.8%, and the probability of a cumulative 50 basis point rate cut is 22.3%.