Following the release of the Federal Reserve’s minutes from its October meeting, the market’s expectation for a rate cut in December has decreased to 31.6%. The minutes indicated that the Fed’s discussions may have influenced trader sentiment regarding future interest rates. As a result, many market participants are reassessing their positions and predictions for the upcoming months. This shift in probability reflects the ongoing uncertainty surrounding monetary policy and economic conditions. Investors are closely monitoring any further developments from the Fed that could impact interest rates and market dynamics.
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