Recently, financial markets have closely watched the Federal Reserve's upcoming policy meeting in August. According to data from CME Group's 'FedWatch', the market widely anticipates that the Fed will keep interest rates unchanged at the meeting. Specifically, the data provided by the institution shows that the probability of keeping the interest rate level unchanged is as high as 97.4%, while the possibility of reducing rates by 25 basis points is only 2.6%. This result reflects the market's judgment on the current state and future economic prospects of the US economy, suggesting that the Fed is unlikely to take action to stimulate growth through a rate cut in the near term. In addition, regarding the interest rate decision in September, the market expects the probability of the Fed continuing to maintain the current interest rate at 6.8%, while the probability of reducing rates by 25 basis points reaches 90.8%, and the probability of reducing rates by 50 basis points is only 2.4%. This indicates that the market's expectations for the Fed to adopt more aggressive rate-cutting measures in the next month are relatively low.