U.S. non-farm payrolls increased by only 73,000 in July, and the probability of a Federal Reserve rate cut in September rises to 80.3%

According to BlockBeats, U.S. non-farm payrolls increased by only 73,000 in July, far below expectations, and the data for May and June was significantly revised downward. Federal Reserve Governor Kugler will resign next week, and Trump can appoint a new candidate in advance.

CME's 'Federal Reserve Watch' data shows that the probability of a 25 basis point rate cut by the Federal Reserve in September surged from 41.3% before the non-farm data to 80.3%.