Before the release of ADP data: the probability of a 25 basis point rate cut by the Federal Reserve in December is 74%

Jinshi data December 4th news, according to CME's "Fed Watch": The probability that the Fed will maintain the current Intrerest Rate by December is 26%, and the probability of a cumulative 25 basis point rate cut is 74%. The probability of maintaining the current Intrerest Rate by January next year is 19.9%, the probability of a cumulative 25 basis point rate cut is 62.7%, and the probability of a cumulative 50 basis point rate cut is 17.4%.