Due to factors such as the disappointing U.S. non-farm data, the probability of a rate cut by the Federal Reserve in September surged to 80.3%

According to BlockBeats, on August 3, this week, the U.S. added only 73,000 non-farm jobs in July, far below expectations, and the data for May and June was significantly revised down. Additionally, Federal Reserve Board member Quarles will resign next week, allowing Trump to appoint a favored candidate in advance.

Affected by the above news, the CME 'FedWatch' shows that the probability of a 25 basis point rate cut by the Federal Reserve in September surged to 80.3%. Before the non-farm data, this figure was only 41.3%.