The probability of the Federal Reserve raising interest rates by 25 basis points in December is 78.9%.

According to CME's "FedWatch" data, the probability of the Federal Reserve keeping interest rates unchanged in December is 21.1%, and the probability of raising rates by 25 basis points is 78.9%. The probability of the Federal Reserve keeping interest rates unchanged by January next year is 15.3%, the probability of raising rates by a cumulative 25 basis points is 63.0%, and the probability of raising rates by a cumulative 50 basis points is 21.8%.