According to Jinshi data, CME's 'FedWatch' shows that the probability of the Federal Reserve maintaining interest rates in July is 95.3%, and the probability of a 25 basis point rate cut is 4.7%.

The probability that the Federal Reserve will maintain interest rates in September is 33%, the probability of a cumulative rate cut of 25 basis points is 64%, and the probability of a cumulative rate cut of 50 basis points is 3%.