According to CME's "FedWatch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.4%, while the probability of keeping rates unchanged is 30.6%. The probability of the Federal Reserve cumulatively cutting rates by 25 basis points by January next year is 56.9%, with a probability of keeping rates unchanged at 20.8%, and the probability of a cumulative cut of 50 basis points is 22.3%.

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