The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 66.5%.

According to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points in December is 66.5%, and the probability of keeping rates unchanged is 33.5%. The probability of the Fed cutting interest rates by a total of 25 basis points by January next year is 53%, the probability of keeping rates unchanged is 19.8%, and the probability of a total of 50 basis points cut is 27.3%.