According to the CME "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in January is 96.8%, and the probability of cutting interest rates by 25 basis points is 3.2%. The probability of maintaining current interest rates unchanged in March is 75.5%, the probability of a cumulative rate cut of 25 basis points is 23.8%, and the probability of a cumulative rate cut of 50 basis points is 0.7%. (Jin Ten)