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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.
BlockBeats news, on November 19, according to Polymarket data, the probability of the Fed cutting interest rates by 25 basis points in December has risen to 52%, while the probability of rates remaining unchanged has dropped to 46%. Additionally, according to CME FedWatch, 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 reports that a spokesperson for the U.S. Department of Labor stated that the department plans to complete the missing weekly initial unemployment claims data during the government shutdown by the end of the day on Thursday local time.