According to the report by Jinshi Data, based on CME's "Fed Watch" data, the probability of the Federal Reserve cutting interest rates by 25 basis points in March is 17.7%, while the probability of maintaining the interest rate is 82.3%. By April, the cumulative probability of a 25 basis point cut by the Federal Reserve has risen to 32.4%, with the probability of keeping rates unchanged at 63.5%, and the cumulative probability of a 50 basis point cut at 4%. Looking ahead to June, the cumulative probability of a 25 basis point cut further increases to 50.4%.