According to Jinshi, CME's "Fed Watch" data shows that the probability of the Fed keeping interest rates unchanged in June is 96.5%, and the probability of a 25 basis point rate cut is 3.5%. By August, the probability of the Fed keeping interest rates unchanged is 74.6%, the probability of a cumulative 25 basis point rate cut is 24.6%, and the probability of a cumulative 50 basis point rate cut is 0.8%.