PANews reported on December 4th that, according to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 89%, while the probability of keeping rates unchanged is 11%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 64.8%, the probability of keeping rates unchanged is 7.6%, and the probability of cumulative rate cuts of 50 basis points is 27.6%.