According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged by December is 45.2%, and the probability of a cumulative 25 basis point cut is 54.8%. The probability of maintaining current interest rates unchanged by January next year is 29.8%, the probability of a cumulative 25 basis point cut is 51.5%, and the probability of a cumulative 50 basis point cut is 18.7%.