On September 6 (UTC+8), the non-farm payroll report was weaker than expected, and futures market traders' bets clearly favored more rate cuts in 2025. Traders still strongly expect the Federal Reserve to cut interest rates by 25 basis points in September. Currently, traders believe there is a 71 % chance of three rate cuts by the end of this year, up from 46 % a day earlier. The probability of the Fed only cutting rates once or less by the end of the year has fallen from 7.9 % a day earlier to 1.5 %. [Bitpush]