Fed Faces Data Dilemma for December Rate Decision
Financial markets are recalibrating expectations as the Federal Reserve approaches its year-end policy meeting. Traders now price in just a 33% chance of a December rate cut—a sharp reversal from earlier projections. The absence of critical economic indicators forces policymakers to rely on outdated metrics, compounding forecasting challenges.
Global trade dynamics and evolving fiscal guidance further cloud the monetary policy outlook. This data vacuum leaves analysts grappling with heightened uncertainty about the Fed's next move, particularly regarding interest rate adjustments that could Ripple across asset classes.