After the non-farm payroll data is released, the probability of the Federal Reserve cutting interest rates by 50 basis points in September has significantly increased
According to CME's "FedWatch Tool": The probability of the Fed cutting interest rates by 25 basis points in September is 41% (down from 57% before the announcement), and the probability of a 50 basis point cut is 59.0% (up from 43% before the announcement). The probability of the Fed cutting rates by a total of 50 basis points by November is 15.3%, by 75 basis points is 47.7%, and by 100 basis points is 36.9% (previously 30.4%, 49.5%, 20.1% respectively)
According to CME's "Fed Watch" data on September 6th, the probability of the Fed cutting interest rates by 25 basis points in September is 41% (down from 57% before the announcement), while the probability of a 50 basis point cut is 59.0% (up from 43% before the announcement). The probabilities of the Fed cutting a total of 50 basis points by November is 15.3%, cutting a total of 75 basis points is 47.7%, and cutting a total of 100 basis points is 36.9% (compared to 30.4%, 49.5%, and 20.1% respectively before the announcement)