According to Jinshi, CME's "Fed Watch" data showed that the probability of the Fed keeping interest rates unchanged in August was 89.7%, and the probability of a 25 basis point rate cut was 10.3%. By September, the probability of the Fed keeping interest rates unchanged fell to 32.3%, the probability of a cumulative 25 basis point rate cut rose to 61.1%, and the probability of a cumulative 50 basis point rate cut was 6.6%.