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According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged until June is 96.4%, and the probability of cutting interest rates by 25 basis points is 3.6%. The probability of keeping interest rates unchanged until July is 88.5%, the probability of raising interest rates by 25 basis points is 8.2%, and the probability of lowering interest rates by 25 basis points is 3.2%.