Recent market dynamics show that the probability of the Federal Reserve implementing a 25 basis point rate cut in September is as high as 55%, indicating a positive market expectation for the Fed's easing monetary policy to address economic uncertainties. In addition, there is a relatively high expectation for a more substantial cut of 50 basis points, reaching 45%. Moreover, there is some discrepancy in predicting future monetary policy paths, with a cumulative cut of 50 basis points probability of 32.1%, a cumulative cut of 75 basis points probability of 49.2%, and a cumulative cut of 100 basis points probability of only 18.8%. These data reflect the market's assessment of the current economic environment and its forecasts for future policy directions, indicating the complexity and uncertainty the Fed faces in its decision-making process.