The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 70.1%.

According to CME's "Fed Watch", the probability of the Fed cutting interest rates by 25 basis points in December is 70.1%, while the probability of keeping rates unchanged is 29.9%. The probability of the Fed cutting rates by a total of 25 basis points by January next year is 55.8%, the probability of keeping rates unchanged is 19.3%, and the probability of a total rate cut of 50 basis points is 24.8%.