Has the clock stopped for interest rate cuts? Tonight, the market focuses on the Federal Reserve!

The market generally anticipates that the Federal Reserve will continue to “stand still” and may begin to slow down QT, focusing on Powell's post-meeting speech.

wallstreetcn5minutes ago

The strong recruitment pace of US companies in April indicates strong demand for employees in many industries. The ADP report shows that the number of people employed in the private sector increased by 192,000 in April, higher than expected, and last mont

The strong recruitment pace of US companies in April indicates strong demand for employees in many industries. The ADP report shows that the number of people employed in the private sector increased by 192,000 in April, higher than expected, and last month's data was revised upward. The labor market has remained more resilient than economists expected in the past few months. Despite rising interest rates, demand for workers remains healthy, and unemployment is low, which helps to stimulate consumer spending and keep prices rising. Furthermore, wage growth is slowing. Wages for those who changed jobs rose 9.3%, down nearly a percentage point from the previous month. The median wage for employees who have not left the workforce rose by 5%, similar to the increase in March.

Zhitong Finance50minutes ago

According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged in May is 99% (97.5% before data release), and the probability of cutting interest rates by 25 basis points is 1%. The probability that the Federal

According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged in May is 99% (97.5% before data release), and the probability of cutting interest rates by 25 basis points is 1%. The probability that the Federal Reserve will keep interest rates unchanged until June is 89.7%, the probability of cutting interest rates by 25 basis points cumulatively is 9.4%, and the probability of raising interest rates by 25 basis points cumulatively is 0.9.

Zhitong Finance55minutes ago

Express News | The number of ADP jobs in the US increased by 192,000 in April, higher than expected

Breakings20:15

Before the ADP announcement, the probability that the Federal Reserve will keep interest rates unchanged in May was 97.5%

GLONGHUI, May 1 | According to CME's “Federal Reserve Watch”, the probability that the Fed will keep interest rates unchanged in May is 97.5%, and the probability of cutting interest rates by 25 basis points is 2.5%. The probability that the Federal Reserve will keep interest rates unchanged until June is 93.6%. The probability of cutting interest rates by 25 basis points is 6.3%, and the probability of cutting interest rates by 50 basis points is 0.1%.

Gelonghui Finance20:10

The May Day holiday is not calm! Before Powell debuted, “Little Farmer” made a big splash in the analysis of the latest technical prospects of the US dollar index, the euro, and the British pound

Entering the European market on Wednesday (May 1), US stock index futures fell before the Federal Reserve announced policy decisions. Markets are closed in many parts of Europe and Asia, trading is weak, and the market is also full of cautious sentiment. The US dollar index rose slightly, only slightly below its highest level since November last year. Looking ahead to the future market, in addition to the Fed's interest rate decision stealing the limelight, traders will also pay close attention to US ADP employment changes and Jolts job vacancy data to gain new trading momentum before the Fed meeting.

FX16818:28