According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in January is 93.1%, and the probability of cutting interest rates by 25 basis points is 6.9%. The probability of maintaining current interest rates unchanged in March is 57.7%, the probability of a cumulative 25 basis point cut is 39.7%, and the probability of a cumulative 50 basis point cut is 2.6%.