After the release of ADP and initial claims data, the probability of the Federal Reserve keeping interest rates unchanged in January is 93.1%

According to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in January is 93.1%, and the probability of a 25 basis point rate cut is 6.9%. The probability of maintaining the current interest rate unchanged by March is 58.6%, the probability of a cumulative 25 basis point rate cut is 38.8%, and the probability of a cumulative 50 basis point rate cut is 2.6%. (Jinshi)