Odds of a December rate cut are dropping sharply. 📉
With the U.S. government shutdown officially over, all eyes are now on the upcoming labor and inflation reports. These releases will be the key drivers for the Fed’s next move, and the market is already pricing in potential volatility.
Expect investors to react quickly as data hits — a stronger jobs report or persistent inflation could further reduce the likelihood of a rate cut, while any weakness might keep the conversation alive.