[Probability of Fed Rate Cut in December Reaches 67.3%] According to data from the CME 'FedWatch' tool, the probability of the Federal Reserve cutting interest rates by 25 basis points in December this year is 67.3%, while the probability of maintaining the current rate level is 32.7%. Looking ahead to January next year, the probability of the Fed cumulatively cutting rates by 25 basis points is 55.8%, the probability of keeping rates unchanged is 21.8%, and the probability of cumulatively cutting rates by 50 basis points is 22.3%.