Before the release of the ADP report in the United States: The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.1%.

According to CME's "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 70.1%, while the probability of keeping rates unchanged is 29.9%. The probability of a total interest rate cut of 25 basis points by the Fed by January next year is 55.8%, with a probability of keeping rates unchanged at 19.3%, and a probability of a total interest rate cut of 50 basis points at 24.8%.