Following the non-farm payrolls report, the probability of the Federal Reserve cutting interest rates by a cumulative 25 basis points by March next year has reached 44.4%.

Following the non-farm payrolls report, according to CME's "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 24.4%, and 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 payrolls report, according to CME's "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 24.4%, and the probability of keeping rates unchanged is 75.6%. By March next year, the probability of a cumulative 25 basis point rate cut is 42.4%, the probability of keeping rates unchanged is 49%, and the probability of a cumulative 50 basis point rate cut is 8.6%. (Jinshi)