Before the non-farm payroll data is released, the probability of the Federal Reserve cutting interest rates by 25 basis points in March is 14.5%
ChainCatcher news, according to CME's "FedWatch" data, before the release of the U.S. non-farm payroll data at 21:30 tonight, the probability of the Federal Reserve cutting rates by 25 basis points in March is 14.5%, while the probability of keeping rates unchanged is 85.5%.
The probability of the Federal Reserve cumulatively cutting rates by 50 basis points by May is 3.7%, the probability of a cumulative cut of 25 basis points is 32.8%, and the probability of keeping rates unchanged is 63.4%.
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