According to the CME "Fed Watch", the probability of the Fed cutting interest rates by 25 basis points in September is 37.0%, and the probability of cutting interest rates by 50 basis points is 63.0%. The probability of the Fed cutting interest rates by a total of 50 basis points by November is 18.7%, the probability of a total of 75 basis points is 50.2%, and the probability of a total of 100 basis points is 31.1%.