According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in May is 98.4%, and the probability of a 25 basis point rate cut is 1.6%. By June, the probability of the Fed keeping interest rates unchanged is 91.6%, the probability of a cumulative 25 basis point rate cut is 8.3%, and the probability of a cumulative 50 basis point rate cut is 0.1%.