According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged in December is 1.4%, and the probability of a cumulative 25 basis point cut is 98.6%. The probability of maintaining current interest rates unchanged in January next year is 1.1%, the probability of a cumulative 25 basis point cut is 79.9%, and the probability of a cumulative 50 basis point cut is 19%.