On July 8, according to Jinshi Data, according to CME's "Fed Watch": The probability that the Federal Reserve will maintain the current interest rate 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 the current interest rate in September is 35.3%, the probability of a cumulative 25 basis point rate cut is 61.8%, and the probability of a cumulative 50 basis point rate cut is 2.9%. [Deep Tide TechFlow]