According to a report by Jinse Finance, based on CME's "FedWatch": The probability of the Federal Reserve maintaining rates unchanged in June is 95.3%, and the probability of a 25 basis point rate cut is 4.7%. The probability of the Federal Reserve maintaining rates unchanged in July is 75.6%, with a cumulative probability of a 25 basis point rate cut at 23.4%, and a cumulative probability of a 50 basis point rate cut at 1.0%.