According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged in December is 14.2%, and the probability of a cumulative 25 basis point cut is 85.8%. The probability of maintaining current interest rates unchanged in January next year is 10.5%, the probability of a cumulative 25 basis point cut is 67.5%, and the probability of a cumulative 50 basis point cut is 22%.