【The probability of the Fed maintaining its stance in July is 91.7%】According to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged in July is 91.7%, with an 8.3% chance of a 25 basis point cut. The probability of the Fed maintaining interest rates in September is 36.1%, with a cumulative probability of a 25 basis point cut at 58.9% and a cumulative probability of a 50 basis point cut at 5.0%.