Following the ADP report, the probability of a 25 basis point rate cut by the Federal Reserve in December remained consistent with before the report.

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