According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in June is 97.6%, and the probability of a 25 basis point rate cut is 2.4%. At the same time, the probability of the Fed keeping interest rates unchanged by August is 78.5%, the probability of a cumulative 25 basis point rate cut is 21.1%, and the probability of a cumulative 50 basis point rate cut is 0.5%.