After the release of the "Small Nonfarm Payrolls" data, the probability of the Federal Reserve holding interest rates steady in June is 93.9%.
BlockBeats News, May 6th: In April, the ADP Employment Report in the United States showed an increase of 109,000 jobs, the largest gain since January last year, surpassing the market's expectation of 99,000 jobs and the previous value of 62,000 jobs.
According to CME's "FedWatch Tool," after the release of the "ADP NFP" data, the probability of the Fed maintaining interest rates unchanged until June is 93.9% (previously 94.2%), while the probability of a 25 basis point rate cut is 6.1% (previously 5.8%). (FXStreet)
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