The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.3%.

BlockBeats News, December 9th, according to CME's "FedWatch" data, the probability of a 25 basis point rate cut by the Fed in December is 87.3%, while the probability of keeping the interest rate unchanged is 12.7%.

The Federal Reserve will announce the Fed interest rate decision for the period up to December 10th on December 11th at 3:00 (Beijing time) with an expected rate of 3.75%, previous value was 4.00%; at 3:30, Fed Chair Powell will hold a monetary policy press conference.