After the non-farm payroll report was released, traders still believe that the Federal Reserve will start cutting interest rates in June
According to data from Jin10, after the release of the non-farm payroll report, traders still believe that the Fed will start cutting interest rates in June, with a probability of about 30% starting in May.
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MoreAccording to data from the Federal Reserve Bank of New York, on the previous trading day (March 6, the day the US non-farm payroll report was released), the Secured Overnight Financing Rate (SOFR) was reported at 3.65%, compared to 3.66% the day before.
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