After the release of non-agricultural data, the probability of the Federal Reserve keeping interest rates unchanged until August has increased significantly

BlockBeats news, on June 7, according to CME "Fed Watch": The probability of the Fed keeping interest rates unchanged in June is 97.6%, and the probability of a 25 basis point rate cut is 2.4%. The probability of the Fed keeping interest rates unchanged by August is 91.1% (78.5% before the non-agricultural release), the probability of a cumulative 25 basis point rate cut is 8.8% (22.0% before the non-agricultural release), and the probability of a cumulative 50 basis point rate cut is 0.1% (0.5% before the non-agricultural release). (Jinshi)