The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 74.7%.

According to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points in December is 74.7%, while the probability of maintaining rates is 25.3%. The probability of the Fed cutting interest rates by a total of 25 basis points by January next year is 57.7%, with a probability of maintaining rates at 16.6%, and a probability of a total cut of 50 basis points at 25.6%.