After this week's US employment data release, the rate cut speculation has increased again, with the probability rising to 16%

GateNewsBot

2026-02-06 11:40:17

BlockBeats News, February 6 — This Thursday, the initial jobless claims for the week ending January 31 in the United States totaled 231,000, higher than the expected 212,000. Additionally, ADP Research showed on Wednesday that private sector employment in January increased by only 22,000 jobs, below market expectations, and the previous month’s data was revised downward.

The related employment data has reignited market focus on the Federal Reserve’s decision in March. As of press time, the probability of a rate cut in March on Polymarket has risen from 8% two days ago to 16%, while the chance of holding rates steady has decreased from 91% to 82%.

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