Fed likely to not cut rates in December following delayed Se

Fed likely to not cut rates in December following delayed September data, according to market odds

 

Odds of a December rate cut remained low following the release of delayed jobs data.

Markets were last pricing about a 35% chance of a quarter-point cut from the Federal Reserve next month, according to the CME FedWatch Tool. That is higher than the 30% likelihood priced in during the prior session, but remains weak. The tool used fed funds futures trading to calculate the odds.

 

CNBC