Before the release of ADP data, the probability that the Fed will keep interest rates unchanged in May is 83.5%.
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Planet Daily News: According to CME "Federal Reserve Watch": Before the ADP data release, the probability of the Federal Reserve maintaining interest rates unchanged in May is 83.5%, and the probability of a 25 basis point rate cut is 16.5%. The probability of the Federal Reserve maintaining interest rates unchanged until June is 25.1%, with a cumulative probability of a 25 basis point rate cut at 63.4%, and a cumulative probability of a 50 basis point rate cut at 11.6%.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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