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After US Jobs Data Release, Probability of Fed Rate Cut in January Further Decreases
BlockBeats News, January 8th: Last night, the U.S. released the December ADP Employment Report, which showed a moderate recovery in the U.S. job market. As a result, the probability of a rate cut in January on CME's "FedWatch" has dropped to 11.1%, down from 17.7% yesterday.
On Polymarket, the probability of a rate cut in January has dropped to 8%, down from 10% yesterday.
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