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[Probability of Fed Rate Cut in December Reaches 69.8%] 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 69.8%, while the probability of maintaining rates unchanged is 30.2%. Looking ahead to January next year, the probability of the Fed cumulatively cutting rates by 25 basis points is 56.6%, the probability of maintaining rates unchanged is 20.2%, and the probability of cumulatively cutting rates by 50 basis points is 23.2%.