[Probability of Two Fed Rate Cuts by Year-End Exceeds 50% Ahead of Non-Farm Payroll Data] BlockBeats reports that on August 31, this Friday, the U.S. will release non-farm payroll data, which will serve as an important reference for the Federal Reserve's interest rate decisions. Prior to this, CME 'FedWatch' data shows that traders are betting on a probability of over 50% for the Federal Reserve to cut rates twice by the end of the year. [Original Link]