The probability of the Fed keeping interest rates unchanged in March remains unchanged after the ADP release

Odaily News According to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 83.5% (83.5% before the announcement), 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 60.2%, the probability of a cumulative 25 basis point rate cut is 35.2%, and the probability of a cumulative 50 basis point rate cut is 4.6%. (Jinshi)