After the release of the August ADP and the weekly initial jobless claims data, the probability of the Federal Reserve cutting interest rates in September is 97.4%.
On September 4, according to CME's "Fed Watch," after the release of the August ADP and the initial jobless claims data for the week, the probability of the Fed cutting interest rates by 25 basis points in September is 97.4%, and the probability of cutting interest rates by 50 basis points is 2.6%.Previously reported, the number of ADP employed in the United States in August was 54,000, expected to be 65,000, lower than expected, and the previous value was 104,000. The number of initial jobless claims in the United States for the week ending August 30 was 237,000, expected to be 230,000, and the previous value was 229,000. [BlockBeats]
After the release of the August ADP and the weekly initial jobless claims data, the probability of the Federal Reserve cutting interest rates in September is 97.4%.
On September 4, according to CME's "Fed Watch," after the release of the August ADP and the initial jobless claims data for the week, the probability of the Fed cutting interest rates by 25 basis points in September is 97.4%, and the probability of cutting interest rates by 50 basis points is 2.6%.Previously reported, the number of ADP employed in the United States in August was 54,000, expected to be 65,000, lower than expected, and the previous value was 104,000. The number of initial jobless claims in the United States for the week ending August 30 was 237,000, expected to be 230,000, and the previous value was 229,000. [BlockBeats]
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