[Probability of a 25 basis point rate cut by the Federal Reserve in December is 67.6%] CME 'FedWatch' data shows that the probability of the Federal Reserve cutting rates by 25 basis points in December is 67.6%, while the probability of maintaining rates unchanged is 32.4%. By January next year, the probability of the Federal Reserve cumulatively cutting rates by 25 basis points is 53.2%, the probability of maintaining rates unchanged is 19.2%, and the probability of cumulatively cutting rates by 50 basis points is 27.7%.