[Probability of the Federal Reserve cutting interest rates by 25 basis points in December is 84.9%] CME 'FedWatch' data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 84.9%, while the probability of maintaining rates unchanged is 15.1%. By January next year, the probability of the Federal Reserve cumulatively cutting interest rates by 25 basis points is 66.4%, the probability of maintaining rates unchanged is 11.1%, and the probability of cumulatively cutting interest rates by 50 basis points is 22.6%.