Analysis: If the ADP data does not decline significantly, the Federal Reserve may maintain stable interest rates next week.

Odaily Planet Daily reports that ADP, a payroll processing company, will release the latest U.S. private sector employment data at 9:15 PM Beijing time on Wednesday, which is expected to show that the labor market remained relatively stable in November. With fewer economic data on hand than usual, Federal Reserve officials may face further disagreements when setting interest rates next week. Analysts believe that if the data does not show a significant decline in employment, Fed officials concerned about inflation remaining above the 2% target may have more reason to believe that maintaining stable interest rates next week is the right direction. (Jinshi)