The probability of a 25 basis point rate cut by the Federal Reserve in December has risen to 71.3%, with rate cut bets heating up again.

BlockBeats News, November 22, according to CME "FedWatch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 71.3%. After several Federal Reserve officials collectively adopted a dovish stance today, bets on a December rate cut have heated up again, after the probability of a rate cut had previously dropped below 30%. The probability of keeping rates unchanged in December is 8.2%.

The probability that the Federal Reserve will keep rates unchanged until January 2026 is 19.2%, the probability of a cumulative 25 basis point rate cut is 57.1%, and the probability of a cumulative 50 basis point rate cut is 23.7%.

The next two FOMC meeting dates are December 10 and January 28, 2026.