Federal Reserve's December Rate Cut Probability Rises to 86.4%

According to BlockBeats, data from CME's 'FedWatch' indicates an 86.4% probability of a 25 basis point rate cut by the Federal Reserve in December, while the likelihood of maintaining the current rate stands at 13.6%. This high probability has persisted since the unexpected drop in U.S. initial jobless claims on November 26. Looking ahead to January 2026, the probability of the Federal Reserve keeping rates unchanged is 10%, with a cumulative 25 basis point rate cut probability at 67% and a 50 basis point cut at 23%. The upcoming Federal Open Market Committee (FOMC) meetings are scheduled for December 10 and January 28, 2026.