Before the release of the non-agricultural data, the probability of the Federal Reserve cutting interest rates by 50 basis points in September is 30.5%.

According to CME's "Fed Watch" data, before the release of the non-agricultural data, the probability of the Fed cutting interest rates by 25 basis points in September was 69.5%, and the probability of cutting interest rates by 50 basis points was 30.5%. The probability of the Fed cutting interest rates by 25 basis points by November was 0%, the probability of cutting interest rates by 50 basis points was 65.0%, the probability of cutting interest rates by 75 basis points was 33.0%, and the probability of cutting interest rates by 100 basis points was 2.0%.