The probability of the Federal Reserve lowering interest rates by 25 basis points in December is 86.2%.

date
07/12/2025
According to CME's "FedWatch": the probability of the Fed cutting rates by 25 basis points in December is 86.2%, while the probability of keeping rates unchanged is 13.8%. The probability of the Fed cutting rates by a total of 25 basis points by January next year is 65.4%, with a probability of keeping rates unchanged at 9.2%, and a probability of cutting rates by a total of 50 basis points at 24.8%.