According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged in December is 34.9%, and the probability of a cumulative 25 basis point cut is 65.1%. The probability of maintaining current interest rates unchanged in January next year is 23%, the probability of a cumulative 25 basis point cut is 54.8%, and the probability of a cumulative 50 basis point cut is 22.3%.