The probability of the Fed lowering interest rates by 25 basis points in December is 64.1%.

According to CME "FedWatch": there is a 64.1% probability of the Fed lowering interest rates by 25 basis points in December, while the probability of keeping rates unchanged is 35.9%. The probability of the Fed lowering interest rates by a total of 25 basis points by January next year is 54.1%, while the probability of keeping rates unchanged is 23.2%, and the probability of a total decrease of 50 basis points is 22.7%.