On July 31, according to Jinshi Data, CME "Fed Watch" data shows: The probability that the Fed will keep interest rates unchanged in September is 54.3%, and the probability of a 25 basis point rate cut is 45.7%. The probability that the Fed will keep interest rates unchanged in October is 34.6%, the probability of a cumulative 25 basis point rate cut is 48.8%, and the probability of a cumulative 50 basis point rate cut is 16.6%. [Techflow]