The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 87.6%.

Jinse Finance reported that according to CME "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 87.6%, while the probability of maintaining the current rate is 12.4%. The probability of a cumulative 25 basis point rate cut by January next year is 69.3%, the probability of keeping rates unchanged is 9.3%, and the probability of a cumulative 50 basis point rate cut is 21.3%.