Before the release of non farm payroll data, the probability of the Federal Reserve cutting interest rates in May continues to climb to 39.9%

According to BlockBeats, on April 4th, according to data from CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in May is 60.1%, and the probability of cutting interest rates by 25 basis points is 39.9%. The probability of the Federal Reserve keeping interest rates unchanged until June is 0, the probability of a cumulative 25 basis point rate cut is 53.2%, and the probability of a cumulative 50 basis point rate cut is 42.2%.