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[Probability of Fed Rate Cut in December Rises, Significant Shift in Market Predictions] On November 19, Polymarket data showed that the probability of the Federal Reserve cutting rates by 25 basis points in December rose to 52%, while the probability of rates remaining unchanged dropped to 46%. Additionally, according to CME FedWatch, the probability of the Federal Reserve cutting rates by 25 basis points in December increased to 48.9%, up from 42.4% yesterday. A spokesperson for the U.S. Department of Labor stated that the department plans to complete the missing weekly initial jobless claims data caused by the government shutdown by the end of Thursday local time.

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