TechFlow news, on November 14, the dollar rose after comments from Federal Reserve officials heightened doubts about another rate cut in December. Kashkari, Hammack, and Musalem of the Fed all made cautious remarks regarding rate cuts. Previously, Fed Chair Powell indicated at the October meeting that another cut in December was not a certainty. LSEG data shows markets now price in a 44% probability of another rate cut in December, up from 30% a week ago, as policymakers sounded cautious on inflation. The end of a record government shutdown will lead to a flood of pent-up official data, which could shift rate expectations. However, the timing and reliability of the data releases remain unclear. (Jinshi)
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