Industry insiders have analyzed that, considering the current global economic situation and the performance of the US domestic economic indicators, market anticipation for the Federal Reserve to implement a rate cut at its next meeting in September continues to rise. Specifically, data shows that the probability of the Fed cutting interest rates by 25 basis points in September is 72.5%, indicating a high level of market endorsement for this move. At the same time, there is also a certain proportion of expectations for a larger cut, i.e., a 50 basis point cut, reaching 27.5%. In terms of the outlook for future monetary policy paths, it is estimated that by November, the cumulative possibility of a 50 basis point cut will be 56.3%, the probability of a cumulative cut of 75 basis points will be 37.6%, and the expectation of a cumulative cut of 100 basis points will be relatively low, only 6.2%. These figures reflect the collective judgment of the market on the direction of monetary policy adjustments that the Federal Reserve may take under the current economic environment.