After the ADP announcement, the probability that the Federal Reserve will maintain interest rates unchanged in May rose to 99%.

On May 1st, according to CME "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in May is 99% (97.5% before the data was released), and the probability of cutting interest rates by 25 basis points is 1%. The probability of the Federal Reserve keeping interest rates unchanged by June is 89.7%, the probability of a cumulative rate cut of 25 basis points is 9.4%, and the probability of a cumulative rate hike of 25 basis points is 0.9%. < br > < img src = "https://flash-scdn.jin10.com/flash_dli/jin_fanti/img/1c153393-7477-9b5d-47f8-1714566195565.jpg" referrerpolicy = "no-referrer" >