The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 84.9%, and the probability of a rate cut in January next year is 66.4%.

According to ChainCatcher, citing Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 84.9%, while the probability of keeping rates unchanged is 15.1%. By January next year, the probability of a cumulative 25 basis point rate cut is 66.4%, the probability of keeping rates unchanged is 11.1%, and the probability of a cumulative 50 basis point rate cut is 22.6%.