The latest market news is here—according to interest rate futures data, traders are now pricing in an 86.2% probability that the Federal Reserve will cut rates by 25 basis points this month, with only a 13.8% chance of keeping rates unchanged.

A reminder of key timing: At 3:00 AM Beijing time on December 11, the Fed will announce its latest rate decision, with market expectations for a cut from the current 4.00% to 3.75%. Half an hour later, at 3:30 AM, Powell will hold the routine monetary policy press conference.

This decision will have a significant impact on risk asset markets, so it's recommended to pay attention to any changes in the post-meeting statement.