The probability of the Federal Reserve cutting interest rates in December is 67.3%, and the probability for January next year is 55.8%

According to Jinshi News, CME's "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 67.3%, while the probability of keeping rates unchanged is 32.7%. By January next year, the cumulative probability of a 25 basis point cut is 55.8%, the probability of keeping rates unchanged is 21.8%, and the cumulative probability of a 50 basis point cut is 22.3%.