After the release of U.S. employment data, the probability of a Fed rate cut in January has further declined.
BlockBeats News, January 8, the United States released December ADP employment data last night, showing a moderate recovery in employment. As a result, the probability of a rate cut in January on CME "FedWatch" has dropped to 11.1%, compared to 17.7% yesterday.
On Polymarket, the probability of a rate cut in January has dropped to 8%, compared to 10% yesterday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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