The probability of a 25 basis point rate cut by the Federal Reserve in December is 74%, consistent with the release of ADP data.

PANews December 4 news, according to Jin Ten reports, according to CME 'Fed Watch': The probability that the Federal Reserve will maintain the current interest rate unchanged by December is 26%, and the cumulative probability of a 25 basis point rate cut is 74%. The probability of maintaining the current interest rate unchanged by January next year is 19.9%, the cumulative probability of a 25 basis point rate cut is 62.7%, and the cumulative probability of a 50 basis point rate cut is 17.4%.