Affected by factors such as the disappointing US non-farm payrolls, the probability of the Fed lowering interest rates in September has surged to 80.3%.

On August 3, this week, the U.S. added only 73,000 non-farm jobs in July, far below expectations, and the data for May and June was significantly revised down. In addition, Federal Reserve Board of Governors member Kuger will resign next week, allowing Trump to appoint a favored candidate in advance. Possibly affected by the above news, the probability of the Fed cutting interest rates by 25 basis points in September on the CME "FedWatch" surged to 80.3%. Before the non-farm data, this figure was only 41.3%.

TRUMP0.9%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)