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 63.5%, and the probability of cutting interest rates by 50 basis points is 36.5%. The probability of the Fed cutting interest rates by 50 basis points by November is 36.7%, the probability of cutting interest rates by 75 basis points is 47.9%, and the probability of cutting interest rates by 100 basis points is 15.4%.