The probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 77.5%.

According to CME's "Fed Watch", the probability that the Fed will maintain the current interest rate unchanged by December is 22.5%, and the probability of a cumulative interest rate cut of 25 basis points is 77.5%. The probability of maintaining the current interest rate unchanged by January next year is 17.2%, the probability of a cumulative interest rate cut of 25 basis points is 64.5%, and the probability of a cumulative interest rate cut of 50 basis points is 18.2%.