Probability of Fed 25bps Rate Cut in December Falls to 65%

Polymarket data indicates the probability of a 25-basis-point U.S. Federal Reserve rate cut in December has climbed to 52%, with the chance of no change dropping to 46%. CME FedWatch reports a 48.9% probability for a cut, up from 42.4% the previous day. The shift comes as traders await the release of missing weekly jobless claims data by the U.S. Labor Department, expected by Thursday.

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