The probability of a December 10th Fed rate cut has fallen to 65% on Kalshi. This reduced probability shows traders are trimming their bets on the Federal Reserve easing policy Next Month. ๐๏ธ
The narrative shifts from cut is guaranteed to cut is likely but not Certain. ๐
Keep an eye on upcoming economic dataโespecially inflation and jobs for the Feds Next Clues. ๐