According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 96.0%, and the probability of cutting interest rates by 25 basis points is 4.0%. The probability of maintaining current interest rates unchanged in May is 50.9%, and the probability of reducing interest rates by a cumulative 25 basis points is 47.2%. The probability of reducing interest rates by a cumulative 50 basis points is 1.9%.