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Or influenced by the news that "missing data will be filled in", the market is re-betting on a rate cut in December.
On November 19, according to Polymarket data, the current probability of the Fed cutting interest rates by 25 basis points in December has risen to 52%, while the probability of keeping the interest rate unchanged has fallen to 46%. According to CME Fed Watch, the probability of the Fed cutting interest rates by 25 basis points in December has risen to 48.9%, up from 42.4% yesterday. Today's news indicates that a spokesperson for the U.S. Department of Labor stated that the department plans to complete the missing weekly initial unemployment claims data from the government shutdown by the end of the day on Thursday local time.