The U.S. dollar is sliding as traders expect the Federal Reserve to cut rates in December.<\/p>\n\n\n\n
The U.S. dollar is on track for its worst weekly performance since July as traders increasingly price in a December rate cut.<\/p>\n\n\n\n
According to CME FedWatch, the probability of a rate cut now sits near 87%.The expectation has weakened the dollar against major currencies, fueling volatility in global forex markets.<\/p>\n\n\n\n
Economists say the shift reflects growing confidence that inflation is cooling enough for the Fed to ease policy sooner than expected.<\/p>\n\n\n\n
However, they warn that unexpected inflation data or geopolitical shocks could still derail the trend.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Markets assign 87% probability to a December rate cut. The U.S. dollar is sliding as traders expect the Federal Reserve to cut rates in December. The U.S. dollar is on track for its worst weekly performance since July as traders increasingly price in a December rate cut. According to CME FedWatch, the probability of a […]<\/p>\n","protected":false},"author":3,"featured_media":107093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2193],"tags":[2614,3458,2411,3518,2618],"class_list":["post-3358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-dollar","tag-fed","tag-finance","tag-forex","tag-markets"],"yoast_head":"\n