[Analysis: Today's ADP Data Unlikely to Shake Fed's December Rate Cut Expectations] BlockBeats News, December 3, according to IFR, a media outlet under Reuters, based on the current market positioning, the likelihood of the Federal Reserve cutting rates in December is nearly certain. The ADP data and PMI data to be released today are not expected to be strong enough to prevent the Fed from cutting rates in December. November ADP employment figures are expected to increase by 10,000, significantly lower than October's 42,000. Due to the government shutdown delaying the release of key labor market data, this month's ADP report is particularly important. Previously, the ADP weekly employment report has recorded negative values for three consecutive weeks, though it remains unclear how closely these figures align with the actual monthly data.