According to the CME Federal Reserve, the probability of the Federal Reserve maintaining interest rates unchanged in August is 91.2%, and the probability of interest rate cuts of 25 basis points is 8.8%. The probability of the Federal Reserve keeping interest rates unchanged through September is 0%, the probability of a cumulative rate cut of 25 basis points is 85.7%, the probability of a cumulative rate cut of 50 basis points is 13.7%, and the probability of a cumulative rate cut of 75 basis points is 0.5%.