The market is betting again on a December rate cut, possibly influenced by news that "missing data will be supplemented."
ChainCatcher News, according to Polymarket data, the current probability of the Federal Reserve cutting rates by 25 basis points in December has risen to 52%, while the probability of rates remaining unchanged has dropped to 46%.
According to CME FedWatch, the probability of the Federal Reserve cutting rates by 25 basis points in December has risen to 48.9%, up from 42.4% yesterday.
Today's news: a spokesperson for the U.S. Department of Labor stated that the department plans to make up for the missing weekly initial jobless claims data during the government shutdown by the end of Thursday local time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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