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After the "Small Non-Farm" data release, the probability that the Federal Reserve will keep interest rates unchanged in June is 93.9%.
BlockBeats news: On May 6, the U.S. reported that April ADP employment rose by 109,000, the largest increase since January last year, exceeding market expectations for a gain of 99,000 (previous value: 62,000).
According to CME “FedWatch,” after the release of the “small non-farm” data, the probability that the Federal Reserve will keep interest rates unchanged through June is 93.9% (previously 94.2%), and the probability of cumulative rate cuts totaling 25 basis points is 6.1% (previously 5.8%). (Jin10)