The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 70.6%.

According to CME's "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.6%, while the probability of keeping rates unchanged is 29.4%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 54.2%, with a probability of rates staying unchanged at 17.7%, and a probability of rates being cut by 50 basis points accumulating to 28.2%.