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

Odds of a December quarter-point rate cut have marched sharply higher this Thanksgiving, with prediction markets and rate-tracking tools showing traders are almost fully convinced the Federal Reserve will trim its benchm...

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Fed Rate Cut Odds Jump to 84% on Thanksgiving as Traders Lean Into December Shift
Odds of a December quarter-point rate cut have marched sharply higher this Thanksgiving, with prediction markets and rate-tracking tools showing traders are almost fully convinced the Federal Reserve will trim its benchmark. December 25bps Cut Now Dominant Market Bet Ahead of Fed Meeting Prediction platforms are now lighting up with overwhelming confidence in a 25-basis-point […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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