The possibility of the Federal Reserve cutting interest rates three times before the end of the year rises to 71%"
Internet reports reported that the non-farm payrolls report was weaker than expected, and futures market traders 'bets were clearly leaning towards more interest rate cuts in 2025. Traders still strongly expect the Federal Reserve to cut interest rates by 25 basis points in September. Currently, traders believe that the probability of three interest rate cuts by the end of the year is 71%, up from 46% a day ago. The possibility that the Fed will cut interest rates only once or less before the end of the year has dropped to 1.5% from 7.9% a day earlier.
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