According to CME's "Feder Observation": the probability of the Fed's interest rate unchanged in March is 94%, and the probability of a 25 basis point cut is 6%. The probability of maintaining the current interest rate unchanged by May is 67.8%, the probability of a cumulative interest rate cut of 25 basis points is 30.5%, and the probability of a cumulative interest rate cut of 50 basis points is 1.7%. (Jin Shi)