Before the release of non farm payroll data, the probability of the Federal Reserve cutting interest rates in May has risen to 28.9%

According to BlockBeats, on April 4th at 20:30 Beijing time, the United States will release quarterly adjusted non farm payroll data for March. According to Bloomberg's median forecast of economists, the growth rate of non farm employment in March may slow down from 151000 in February to 135000, and the unemployment rate is expected to remain unchanged at 4.1%. According to data from CME's "Federal Reserve Watch", the probability of the Fed cutting interest rates by 25 basis points in May has risen to 28.9%, compared to 10.8% the day before.