After the release of the ADP data, the probability of the Federal Reserve cutting interest rates by 25 basis points in December slightly decreased to 88.8%.
On December 3, according to CME's "Fed Watch" data, after today's ADP data release, the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 88.8% (previously 89.2%), while the probability of holding rates steady is 11.2%.The probability of the Federal Reserve maintaining rates unchanged until January is 29.5%, with a 63% chance of cumulative rate cuts of 25 basis points, and a 7.8% chance of cumulative rate cuts of 50 basis points.The next two FOMC meetings are scheduled for December 10 and January 28, 2026.[BlockBeats]
After the release of the ADP data, the probability of the Federal Reserve cutting interest rates by 25 basis points in December slightly decreased to 88.8%.
On December 3, according to CME's "Fed Watch" data, after today's ADP data release, the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 88.8% (previously 89.2%), while the probability of holding rates steady is 11.2%.The probability of the Federal Reserve maintaining rates unchanged until January is 29.5%, with a 63% chance of cumulative rate cuts of 25 basis points, and a 7.8% chance of cumulative rate cuts of 50 basis points.The next two FOMC meetings are scheduled for December 10 and January 28, 2026.[BlockBeats]
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