According to CME's "Fed Watch": the probability of the Fed cutting interest rates by 25 basis points in December is 89.2%, and the probability of maintaining the interest rate is 10.8%. The probability of the Fed cumulatively cutting interest rates by 25 basis points by January next year is 66.6%, with a probability of 7.7% for maintaining the interest rate, and the probability of a cumulative cut of 50 basis points is 25.7%.