The CME's 'Fed Watch': The probability that the Fed will maintain the current interest rate by December is 34.9%, and the cumulative probability of a 25 basis point rate cut is 65.1%. The probability of maintaining the current interest rate by January next year is 23%, the cumulative probability of a 25 basis point rate cut is 54.8%, and the cumulative probability of a 50 basis point rate cut is 22.3%.