[CME 'FedWatch': Probability of a 25 basis point rate cut by the Fed in December is 74.7%] According to a report by Jinse Finance, CME 'FedWatch' indicates that the probability of the Federal Reserve cutting rates by 25 basis points in December is 74.7%, while the probability of maintaining rates unchanged is 25.3%. The probability of a cumulative 25 basis point rate cut by the Fed by January next year is 57.7%, the probability of maintaining rates unchanged is 16.6%, and the probability of a cumulative 50 basis point rate cut is 25.6%.