The probability of the Fed cutting interest rates by 25 basis points in January before the release of the "small non-agricultural" and unemployment data is only 4.8%

According to the CME "Fed Watch" data, the market currently believes that the probability that the Fed will cut interest rates by 25 basis points in January is only 4.8%, and the probability of maintaining unchanged is 95.2%. At 21:15 Beijing Odaily tonight, the US December "small non-farm" ADP employment data will be released, and the expected number of new jobs will be stable and decline, falling back to 140,000. In addition, the US initial jobless claims data for the week will be released in advance at 21:30 tonight.