According to the CME "Fed Watch", the probability that the Fed will maintain current interest rates unchanged in December is 4.6%, and the probability of a cumulative 25 basis point cut is 95.4%. The probability of maintaining current interest rates unchanged in January next year is 3.8%, the probability of a cumulative 25 basis point cut is 79.9%, and the probability of a cumulative 50 basis point cut is 16.3%.