PANews reported on December 2nd that, according to CME's "FedWatch," the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 87.6%, while the probability of keeping rates unchanged is 12.4%. The probability of the Fed cumulatively cutting rates by 25 basis points by January next year is 69.3%, the probability of keeping rates unchanged is 9.3%, and the probability of cumulative rate cuts of 50 basis points is 21.3%.