After the release of US employment data, the probability of the Federal Reserve cutting interest rates in January further decreases

GateNews

BlockBeats News, January 8 — Last night, the United States released the December ADP employment data, showing a moderate recovery in US employment. As a result, the probability of a rate cut in January on CME's "Federal Reserve Watch" has fallen to 11.1%, down from 17.7% yesterday.

On Polymarket, the probability of a rate cut in January has dropped to 8%, down from 10% yesterday.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments