The Federal Reserve's interest rate cut probability in December is close to 90%, and the market will pay close attention to the "dot plot" to speculate on the interest rate trajectory through 2026.

BlockBeats News, December 1st, Federal Reserve Chair Jerome Powell will attend an event at Stanford University on Monday to commemorate the late George Shultz and deliver a speech. However, due to the Fed’s communication blackout period ahead of the decision, he will not touch on economic issues. With no official comments expected until the interest rate decision next Wednesday, traders are currently predicting a close to 90% probability of another 25 basis point rate cut by the Fed. If this rate cut materializes, the market will focus on the Fed’s updated “dot plot” to seek clues about the interest rate trajectory in 2026.