After August ADP and the initial unemployment claims data for that week were released, the probability of the Federal Reserve cutting interest rates in September was 97.4%
Source: BlockBeats
Time: 2025-09-04 21:15:10
According to BlockBeats, on September 4, according to CME's "Federal Observation", after the release of ADP in August and the initial unemployment claims data for that week, the probability of the Federal Reserve 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, the number of ADP employment in the United States in August was 54,000, with an expected 65,000, lower than expected, with the previous value of 104,000. The number of initial unemployment claims in the United States for the week ending August 30 was 237,000, with an expected 230,000, compared with the previous value of 229,000.