After the release of the non-agricultural data, the probability of the Federal Reserve keeping interest rates unchanged in May dropped to 56.7%

Planet Daily News: After the non-farm payrolls report, according to CME "Federal Reserve Watch": The probability of the Federal Reserve maintaining interest rates in May is 56.7%, which has decreased from 60.1% before the non-farm payrolls report. The probability of a 25 basis point rate cut is 43.3%. The probability of the Federal Reserve maintaining interest rates until June is 0, with a cumulative probability of a 25 basis point rate cut at 52.1%, a cumulative probability of a 50 basis point rate cut at 44.3%, and a cumulative probability of a 75 basis point rate cut at 3.5%. (Jinshi)