Before the non-farm payroll announcement: The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 29.8%.

According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in December is 29.8%, while the probability of keeping rates unchanged is 70.2%. The probability of the Fed cutting interest rates by a total of 25 basis points by January next year is 49.5%, keeping rates unchanged is 36.0%, and the probability of a total cut of 50 basis points is 14.5%.