According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged in December is 37.9%, and the probability of a cumulative 25 basis point cut is 32.1%. The probability of maintaining current interest rates unchanged in January next year is 26.5%, the probability of a cumulative 25 basis point cut is 54.9%, and the probability of a cumulative 50 basis point cut is 18.6%.