[Probability of Fed Rate Cut in December Reaches 69%] CME 'FedWatch' data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December 2025 is 69%, while the probability of maintaining the current rate level is 31%. Looking ahead to January next year, the probability of the Fed cumulatively cutting rates by 25 basis points is 55.1%, the probability of keeping rates unchanged is 19.7%, and the probability of cumulatively cutting rates by 50 basis points is 25.2%.