ChainCatcher message, according to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in January is 93.1%, and the probability of a 25 basis point rate cut is 6.9%. By March, the probability of maintaining the current interest rate is 57.7%, the cumulative probability of a 25 basis point rate cut is 39.7%, and the cumulative probability of a 50 basis point rate cut is 2.6%.