The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 44.4%.

According to CME's "FedWatch": The probability of the Fed cutting interest rates by 25 basis points in December is 44.4%, while the probability of keeping rates unchanged is 55.6%. The probability of the Fed cutting interest rates by a total of 25 basis points by January next year is 48.6%, with a 34.7% probability of keeping rates unchanged, and a 16.7% probability of cutting rates by a total of 50 basis points.