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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%.

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