On December 26th, according to CME's "FedWatch" data, the probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in February next year is 83.5%, and the probability of a 25 basis point rate cut is 16.5%. The probability of maintaining interest rates unchanged in March next year is 6.7%, the cumulative probability of a 25 basis point rate cut is 78.1%, and the cumulative probability of a 50 basis point rate cut is 15.2%.