According to CME's "Fed Watch", the probability that the Fed will maintain the current interest rate unchanged by December is 45.2%, and the probability of a cumulative interest rate cut of 25 basis points is 54.8%. The probability of maintaining the current interest rate unchanged by January next year is 29.8%, the probability of a cumulative interest rate cut of 25 basis points is 51.5%, and the probability of a cumulative interest rate cut of 50 basis points is 18.7%.