After the non-farm payroll data, the probability of the Federal Reserve cutting interest rates by 25 basis points in March next year has risen to 44.4%.

According to Odaily, after the non-farm payroll data, CME "FedWatch" shows: the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 24.4%, while the probability of keeping rates unchanged is 75.6%. By March next year, the probability of a cumulative 25 basis point rate cut is 44.4%, the probability of keeping rates unchanged is 46.1%, and the probability of a cumulative 50 basis point rate cut is 9.5%. Before the non-farm payroll data, CME "FedWatch" showed: the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year was 24.4%, and the probability of keeping rates unchanged was 75.6%. By March next year, the probability of a cumulative 25 basis point rate cut was 42.4%, the probability of keeping rates unchanged was 49%, and the probability of a cumulative 50 basis point rate cut was 8.6%. (Golden Ten Data)