Before the ADP announcement, the probability of the Federal Reserve maintaining interest rates in March was 83.5%
Jin10 Data news on February 5, according to CME "Federal Reserve Watch": The probability of the Federal Reserve maintaining the interest rate unchanged in March is 83.5%, and the probability of a rate cut by 25 basis points is 16.5%. By May, the probability of maintaining the current interest rate unchanged is 59.1%, the cumulative probability of a rate cut by 25 basis points is 36.1%, and the cumulative probability of a rate cut by 50 basis points is 4.8%.
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