As per Coindesk, markets have further reduced expectations for a Federal Reserve rate cut in 2025 after the Bureau of Labor Statistics announced delays in the October and November jobs reports. Traders on the Chicago Mercantile Exchange (CME) now see a 33% chance of a rate cut at the Fed's December meeting, down from 50% a day earlier. The delay means policymakers will lack key data ahead of the meeting, complicating decisions on monetary easing.
Fed Rate Cut Odds Drop to 33% as Jobs Data Delays
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