After the release of the ADP and PCE data, the probability of the Federal Reserve raising interest rates in October and December has increased.

According to the CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged by October is 52.9%, and the probability of a cumulative 25 basis point rate hike is 47.1%. The probability that the Federal Reserve will keep interest rates unchanged by December is 10.0%, the probability of a cumulative 25 basis point rate hike is 51.8%, and the probability of a cumulative 50 basis point rate hike is 38.2%.