According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged in December is 29.9%, and the probability of a cumulative 25 basis point cut is 70.1%. The probability of maintaining current interest rates unchanged in January next year is 21.6%, the probability of a cumulative 25 basis point cut is 58.9%, and the probability of a cumulative 50 basis point cut is 19.5%.