According to CME's "Federal Observation": the probability of the Fed's interest rate unchanged in March is 93%, and the probability of a 25 basis point cut is 7%. The probability of maintaining the current interest rate unchanged by May is 68%, the probability of a cumulative interest rate cut of 25 basis points is 30.1%, and the probability of a cumulative interest rate cut of 50 basis points is 1.9%. (Jin Shi)