On December 22nd, based on CME's "FedWatch": The probability of the Fed maintaining interest rates between 5.25% and 5.50% in February next year is 86.6%, and the probability of a 25 basis point rate cut is 13.4%. The probability of maintaining interest rates in March next year is 17.3%, the cumulative probability of a 25 basis point rate cut is 71.9%, and the cumulative probability of a 50 basis point rate cut is 10.7%.