Fed Rate Cut Odds Jump to 84% on Thanksgiving as Traders Lean Into December Shift

Odds of a December quarter-point price lower have marched sharply larger this Thanksgiving, with prediction markets and rate-tracking instruments displaying merchants are nearly totally satisfied the Federal Reserve will trim its benchmark. December 25bps Minimize Now Dominant Market Wager Forward of Fed Assembly Prediction platforms are actually lighting up with overwhelming confidence in a 25-basis-point […]



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