Before the ADP announcement, the probability of the Fed keeping interest rates unchanged in March was 83.5%.

Odaily News According to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 83.5%, and the probability of a 25 basis point rate cut is 16.5%. The probability of maintaining the current interest rate unchanged by May is 59.1%, the probability of a cumulative 25 basis point rate cut is 36.1%, and the probability of a cumulative 50 basis point rate cut is 4.8%.