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[CME Data Shows 97.8% Probability of Fed Cutting Rates by 25 Basis Points in October] According to data from the CME 'FedWatch' tool, the probability of the Federal Reserve keeping rates unchanged at its October monetary policy meeting is 2.2%, while the probability of a 25 basis point rate cut is as high as 97.8%. Looking ahead to the December meeting, the probability of keeping rates unchanged is 0%, the cumulative probability of a 25 basis point rate cut is 2.2%, and the cumulative probability of a 50 basis point rate cut reaches 97.8%.