Express

Probability of 50 Basis Point Rate Cut by Fed in September at 9.9% Before Non-Farm Payrolls Benchmark Revision Initial Value Announcement

Summary: According to reports, the annual initial value revision of the US non-farm payrolls benchmark will be announced by the US Bureau of Labor Statistics tonight at 22:00, with a previous value of -598,000. According to CME FedWatch data, the probability of a 25 basis point rate cut by the Fed in September is 90.1%, while ...

According to reports, the annual initial value revision of the US non-farm payrolls benchmark will be announced by the US Bureau of Labor Statistics tonight at 22:00, with a previous value of -598,000.

According to CME FedWatch data, the probability of a 25 basis point rate cut by the Fed in September is 90.1%, while the probability of a 50 basis point rate cut is 9.9%.

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 3 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 7 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 10 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 14 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 16 days ago
  • You need to login to comment.