The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 52.7%

According to CME "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate until December is 47.3%, and the cumulative probability of a 25 basis point cut is 52.7%. The probability of maintaining the current interest rate until January next year is 37.2%, with a cumulative chance of a 25 basis point cut at 51.6% and a cumulative chance of a 50 basis point cut at 11.3%.