After the release of the non-agricultural data, the probability of the Federal Reserve cutting interest rates by 50 basis points in September rose to 69.5%

According to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points in September is 30.5%, and the probability of cutting interest rates by 50 basis points is 69.5%. The probability of the Fed cutting interest rates by 25 basis points by November is 0%, the probability of cutting interest rates by 50 basis points is 15.1%, the probability of cutting interest rates by 75 basis points is 49.8%, and the probability of cutting interest rates by 100 basis points is 35.1%.