After the release of ADP data, the probability of a rate cut in July by the U.S. Federal Reserve futures increased from about 20% to 27.4%
ChainCatcher news, according to Jinshi reports, after the release of ADP data, the probability of a rate cut in July for U.S. federal funds futures increased from about 20% before the data release to 27.4%.
In addition, traders are increasing their bets on at least two rate cuts by the Federal Reserve before the end of 2025.
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