According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged by December is 47.7%, and the probability of a cumulative 25 basis point cut is 52.3%. The probability of maintaining current interest rates unchanged by January next year is 35.5%, the probability of a cumulative 25 basis point cut is 51.1%, and the probability of a cumulative 50 basis point cut is 13.4%.