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According to reports from Jin10 data, the CME 'FedWatch' shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 15.5%, while the probability of keeping the interest rate unchanged is 84.5%. By March next year, the cumulative probability of a 25 basis point cut is 42.2%, the probability of maintaining the interest rate unchanged is 51.8%, and the cumulative probability of a 50 basis point cut is 6.0%.