After ADP release: The probability of a 25 basis point rate cut by the Federal Reserve in December is basically the same as before the release.

On December 3, according to Jinshi Data, the current CME "Fed Watch" data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 88.8%, and the probability of maintaining the same interest rate is 11.2%.

The probability of the Federal Reserve cumulatively cutting interest rates by 25 basis points by January next year is 63.0%, the probability of maintaining the same interest rate is 7.5%, and the probability of cumulatively cutting interest rates by 50 basis points is 29.5%.

[深潮TechFlow]