The probability of the Federal Reserve raising interest rates in December is 68.7%.

on November 6, according to Jinshi Data, the CME FedWatch shows that the probability of the Federal Reserve keeping interest rates unchanged in December is 31.3%, and the probability of a 25-basis-point rate hike is 68.7%.

The probability of the Federal Reserve keeping interest rates unchanged through January next year is 27.0%, the probability of a cumulative 25-basis-point rate hike is 63.6%, and the probability of a cumulative 50-basis-point rate hike is 9.5%.