đąThereâs now only a 44.4% chance of a rate cut in December, according to CME Group. Not long ago, people acted like rate cuts didnât matter. Now every small change gets attention again.
Traders are watching the numbers shift each day, trying to figure out what the Fed might do. The mood is mixed, and no one seems fully sure which way things will go. For now, the odds are leaning slightly against a cut, but theyâre close enough that anything could still happen.
Itâs one of those moments where everyone is waiting for the next update.