According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in June is 98.9%, and the probability of raising interest rates by 25 basis points is 1.1%. At the same time, the probability of the Fed keeping interest rates unchanged by August is 86.8%, the probability of a cumulative interest rate cut of 25 basis points is 12.3%, and the probability of a cumulative interest rate hike of 25 basis points is 1.0%.