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After the release of the US Non-farm Payrolls (NFP), the probability of the Federal Reserve (FED) cutting interest rates in May continues to rise to 43.3%.
According to BlockBeats news on April 4, the CME "Federal Reserve Watch" data shows that the probability of the Federal Reserve lowering interest rates by 25 basis points in May is 43.3%, rising from 39.9% before the release of the US Non-farm Payrolls (NFP) data, while the probability of keeping interest rates unchanged is 56.7%. The probability of the Federal Reserve maintaining the interest rate unchanged until June is 0, with a cumulative probability of reducing interest rates by 25 basis points at 52.1%, 50 basis points at 44.3%, and 75 basis points at 3.5%.