The probability of the Fed cutting interest rates by 25 basis points in December is 87.4%.

According to Mars Finance news on December 1, based on CME's “Fed Watch”: the probability of the Fed lowering interest rates by 25 basis points in December is 87.4%, while the probability of keeping the interest rate unchanged is 12.6%. The probability of the Fed cumulatively lowering interest rates by 25 basis points by January next year is 67.5%, with a probability of 9.2% for maintaining the interest rate unchanged, and a probability of 23.2% for cumulatively lowering by 50 basis points. ( Jin10 )