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According to CME Federal Reserve observations, the probability of the Fed keeping interest rates unchanged until September is 60.4%, and the probability of a cumulative 25 basis point rate hike is 39.6%; The probability of keeping interest rates unchanged until October is 45.7%, the probability of a cumulative increase of 25 basis points is 44.7%, and the probability of a cumulative increase of 50 basis points is 9.7%.