According to TechFlow, the updated data of CME's "Fed Watch" shows that the probability of the Fed keeping interest rates unchanged in June is 91.6% (91.5% before the CPI is released), and the probability of a 25 basis point rate cut is 8.4%. The probability of the Fed keeping interest rates unchanged by August is 65.1% (66% before the CPI is released), the probability of a cumulative 25 basis point rate cut is 32.5%, and the probability of a cumulative 50 basis point rate cut is 2.4%.