After the release of non-agricultural data, the probability of the Fed cutting interest rates in March has significantly decreased
Odaily Odaily News reports that according to CME's "Fed Watch": the probability of the Fed keeping interest rates unchanged in January is 97.3%, and the probability of a 25 basis point rate cut is 2.7%. The probability of keeping the current interest rate unchanged by March is 74.0% (previously 59.6% before the non-farm payroll), the probability of a cumulative 25 basis point rate cut is 25.4% (previously 37.9% before the non-farm payroll), and the probability of a cumulative 50 basis point rate cut is 0.6% (previously 2.5% before the non-farm payroll). (Gold Ten)
