After the Non-Farm Payrolls data was released, the probability of a rate cut in March decreased from 14.5% to 8.5%.

BlockBeats News, February 7th, according to CME's "FedWatch" data, tonight after the release of the US non-farm payroll data, the probability of a 25 basis point Fed rate cut in March has decreased from 14.5% to 8.5%, while the probability of unchanged rates has increased from 85.5% to 91.5%.

The probability of a cumulative 50 basis point rate cut by the Fed by May is currently reported at 2.7%, with a probability of a cumulative 25 basis point rate cut at 30.9%, and a probability of unchanged rates at 66.4%.