The probability of the Federal Reserve raising interest rates by 25 basis points in December is 72%.

According to CME's "FedWatch" data, the probability of the Federal Reserve keeping interest rates unchanged in December is 28%, and the probability of raising rates by 25 basis points is 72%. The probability of the Federal Reserve keeping interest rates unchanged by January next year is 19.3%, the probability of raising rates by a cumulative 25 basis points is 58.4%, and the probability of raising rates by a cumulative 50 basis points is 22.3%.