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According to CME's "Federal Reserve Watch", the probability of the Fed keeping interest rates unchanged until September is 40.3%, and the probability of a cumulative 25 basis point rate hike is 59.7%; The probability of keeping interest rates unchanged until October is 28.7%, the probability of a cumulative increase of 25 basis points is 54.1%, and the probability of a cumulative increase of 50 basis points is 17.2%.