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 68%, and the probability of cutting interest rates by 50 basis points is 32%. The probability of the Fed cutting interest rates by 50 basis points by November is 48.7%, the probability of cutting interest rates by 75 basis points is 42.2%, and the probability of cutting interest rates by 100 basis points is 9.1%.