Nonfarm payrolls released, Fed interest rate decision expectations remain largely unchanged

Odaily Planet Daily News According to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged in June is 94.9% (96.9% before the release), and the probability of a cumulative 25-basis-point rate cut is 5.1% (3.1% before the release). The probability of the Fed keeping interest rates unchanged in July is 88.8% (90.7% before the release), the probability of a cumulative 25-basis-point rate cut is 10.8% (9.1% before the release), and the probability of a cumulative 50-basis-point rate cut is 0.4% (0.2% before the release).