There are 56 days until the next interest rate meeting, which will be held on May 7. Based on the current data, the probability of maintaining the existing interest rate level in May is as high as 85%.

Looking at the bigger picture and combining it with the dot plot for analysis, if we want to achieve this year's median data target, we would need to proceed with interest rate cuts at a pace of 25 basis points each time, with an expectation of 3 rate cuts throughout the year. Considering various factors, it is highly likely that this year's rate cuts will occur in July, September, and November respectively.

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