According to Jinshi Data, CME's "Fed Watch" data shows that the probability of the Fed cutting interest rates by 25 basis points in September is 28.5%, and the probability of cutting interest rates by 50 basis points is 71.5%. The probability of the Fed cutting interest rates by 50 basis points by November is 19.3%, the probability of cutting interest rates by 75 basis points is 57.6%, and the probability of cutting interest rates by 100 basis points is 23.2%.