After the release of non-farm payroll data, the likelihood of the Federal Reserve reducing interest rates by 50 basis points in September has increased to 11.7% from 0%

According to the report on September 5, the probability of the Federal Reserve keeping interest rates unchanged in September is 0%, with an 88.3% probability for a 25 basis point cut and 11.7% for a 50 basis point cut.

For October, the chance of maintaining rates is 0.4%. Additionally, cumulative probabilities indicate a 36.2% chance for a 25 basis point cut and a 63.4% chance for a 50 basis point cut.