According to CME's "Federal Observation", the probability of the Federal Reserve keeping interest rates unchanged in March is 83.5%, and the probability of a 25 basis point cut is 16.5%. The probability of maintaining the current interest rate unchanged by May is 59.1%, the probability of a cumulative interest rate cut of 25 basis points is 36.1%, and the probability of a cumulative interest rate cut of 50 basis points is 4.8%.