According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in May is 98.4%, the probability of a 25 basis point rate cut is 0%, and the probability of a 25 basis point rate hike is 1.6%. By June, the probability of the Fed keeping interest rates unchanged is 79.9%, and the probability of a cumulative 25 basis point rate cut is 18.8%.