According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged this week is 95.9%, and the probability of cutting interest rates by 25 basis points is 4.1%. The probability that the Fed will keep interest rates unchanged until September is 0%. The probability of a cumulative rate cut of 25 basis points is 89.6%. The probability of a cumulative rate cut of 50 basis points is 10.1%. The probability of a cumulative rate cut of 75 basis points is 0.3%.