On July 24, Jin10 data reported that, according to CME's "Fed Watch": the probability of the Fed maintaining the Interest Rate unchanged in August is 97.4%, and the probability of a 25 basis point rate cut is 2.6%. The probability of the Fed maintaining the Interest Rate unchanged until September is 3.9%, the probability of a cumulative 25 basis point rate cut is 93.6%, and the probability of a cumulative 50 basis point rate cut is 2.5%.