BlockBeats News, August 31st, This Friday the U.S. will release non-farm payroll data, which will serve as a key reference for the Fed's interest rate decision. Prior to this, CME's "FedWatch" data shows that traders are betting on a probability of over 50% for the Fed to cut interest rates twice by the end of the year.
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Ahead of Non-Farm Payrolls Data, Probability of Fed Rate Cut Twice by Year-End Surpasses 50%