According to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points in September is 89.1%, and the probability of cutting interest rates by 50 basis points is 10.9%. The probability of the Fed cumulatively cutting interest rates by 25 basis points in October is 4.3%, the probability of a cumulative rate cut of 50 basis points is 84.4%, and the probability of a cumulative rate cut of 75 basis points is 11.3%. (Before the CPI was announced, the probability of the Fed cutting interest rates by 25 basis points in September was 92.0%, and the probability of cutting interest rates by 50 basis points was 8.0%. The probability of the Fed cumulatively cutting interest rates by 25 basis points in October was 21.2%, the probability of a cumulative rate cut of 50 basis points was 72.6%, and the probability of a cumulative rate cut of 75 basis points was 6.2%.) (Golden Ten)