According to CME's "Feder Observation": the probability of the Federal Reserve keeping interest rates unchanged in March is 97.5%, and the probability of a 25 basis point cut is 2.5%. The probability of maintaining the current interest rate unchanged by May is 86.1%, the probability of a cumulative interest rate cut of 25 basis points is 13.6%, and the probability of a cumulative interest rate cut of 50 basis points is 0.3%.