After the release of non-farm payroll data, the market estimates an approximately 80% probability of a Federal Reserve rate cut in September
Odaily Planet Daily News: After the release of the non-farm payroll report, interest rate futures traders have abandoned bets on a Federal Reserve rate cut in July. Currently, the market estimates the probability of a Fed rate cut in September at around 80%, down from 98% before the non-farm payroll report was released. (Jin10)
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