Odds of December Rate Cut Fall Sharply

[johnblockbuster]

Market sentiment is weakening as traders lose confidence in a Federal Reserve rate cut next month.
Only 45.9% now expect a 25bps cut in December, down from 67% a week earlier, according to CME data.
With tighter liquidity and falling crypto prices, analysts warn the sector may face more short-term pain until the Fed resumes easing in 2025.

[Nahid Hossen]

Markets priced in too much optimism — now reality is correcting expectations.

[Rimon Khan]

A sharp drop in rate-cut odds usually ripples across all risk assets.